Dickinson, ND—58601
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dickinson, ND
As of Oct '25, the median home price in Dickinson, ND is $317,000, with a year-over-year change of 8.9%. This indicates that home prices in Dickinson, ND are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $317,000 | 8.9% |
| Single Family | $323,000 | 8.4% |
| Condos | $211,000 | 12.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $136,000 | 7.9% |
2 Bed | $210,000 | 9.4% |
3 Bed | $281,000 | 8.5% |
4 Bed | $352,000 | 7.3% |
| 5 Bed | $415,000 | 7.8% |
% of Housing Stock
Rental Trends — Dickinson, ND
As of July '25, Rentcast reports the average rent in Dickinson, ND is $1,300, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Dickinson, ND is studios: $796, 1-bedrooms: $917, 2-bedrooms: $1,020, 3-bedrooms: $1,620, 4-bedrooms: $2,090. The most common rental property sizes in Dickinson, ND are 2-bedroom and 1-bedroom, accounting for 38.7% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,300 |
| Studio Rent | $775 | $796 |
| 1 Bed Rent | $895 | $917 |
| 2 Bed Rent | $950 | $1,020 |
| 3 Bed Rent | $1,450 | $1,620 |
| 4 Bed Rent | $2,300 | $2,090 |
% of Rental Stock
Property Listings — Dickinson, ND
As of Oct '25, Realtor.com reports that the median days on market for a home in Dickinson, ND is 56. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $358,000 | 17.0% |
Listing Count | 161 | 36.0% |
| Listings as % of Homes | 1.1% | 36.0% |
Days on Market | 56 | 13.0% |
Demographics — Dickinson, ND
As of the latest ACS Survey released in 2023, Dickinson, ND has a population of 29,700, which has increased by 10.9% over the past 5 years. Dickinson, ND is a popular place for families, as children make up 27.5% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,700 | 10.9% |
% Under 18 | 27.5% | 10.4% |
% Seniors | 12.9% | 9.3% |
% WFH | 6.4% | 48.8% |
% w/ College Degree | 28.1% | 18.6% |
As of the latest ACS Survey released in 2023, Dickinson, ND is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Dickinson, ND is hispanic, making up 7.5% of the population. Foreign-born residents account for 4.3% of the population in Dickinson, ND, and this percentage has increased by 30.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.6% | -3.1% |
% Black | 2.5% | 4.2% |
% Hispanic | 7.5% | 36.4% |
% Asian | 1.3% | -13.3% |
% Foreign Born | 4.3% | 30.3% |
Mortgage and Risk — Dickinson, ND
According to HUD data as of 2023, there were 469 mortgage originations in Dickinson, ND, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Dickinson, ND. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 469 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Dickinson, ND
Dickinson, ND lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 630 |
Total Units Section 8 | 606 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 61.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$45 | $895 | $850 |
| 2 Bedroom | $70 | $950 | $1,020 |
| 3 Bedroom | -$20 | $1,450 | $1,430 |
| 4 Bedroom | -$590 | $2,300 | $1,710 |
Affordability — Dickinson, ND
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $317,000 |
| Median Household Income | $81,000 |