Menoken, ND58558

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$372,000
6.0% YoY Growth
Median Household Income
$102,000
21.0% 5-Year Growth
Days on Market
79
N/A
Home Price Forecast
0.5%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Menoken, ND

As of Aug '25 and according to Realtor.com, the median days on market for a home in Menoken, ND is 79. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$350,000N/A
Listing Count
1N/A
Listings as % of Homes1.0%N/A
Days on Market
79N/A
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Demographics — Menoken, ND

MetricLatest CensusYoY % Change
Population
803-25.2%
% Under 18
26.7%-4.6%
% Under 5N/AN/A
% Seniors
14.6%25.9%
% WFH
7.6%-13.6%
% w/ College Degree
29.4%5.8%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.8%-6.9%
% Black
0.0%N/A
% Hispanic
0.2%∞%
% Asian
0.5%∞%
% Foreign Born
0.5%-50.0%
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Mortgage and Risk — Menoken, ND

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Menoken, ND in that year was 65. 97.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 56.0%. Of those, 17.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Menoken, ND. Investor activity in Menoken, ND is low, as 0.0% of all loans are originated by investors. In 2023, 6.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
65N/AN/A
% Conventional Loans
97.0%N/AN/A
% Government Loans
3.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
6.0%N/AN/A
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Rentals and Section 8 — Menoken, ND

As of 2024, the percent of homes in Menoken, ND under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$930
2 BedroomN/AN/A$1,040
3 BedroomN/AN/A$1,450
4 BedroomN/AN/A$1,750

Affordability — Menoken, ND

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.2N/AN/A
Median Home Price$372,000N/AN/A
Median Household Income$102,000N/AN/A

Menoken, ND — ZIP Code Boundary Map

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