Kenmare, ND—58746
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kenmare, ND
As of Oct '25, the median home price in Kenmare, ND is $238,000, with a year-over-year change of 5.8%. This indicates that home prices in Kenmare, ND are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $238,000 | 5.8% |
| Single Family | $240,000 | 6.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kenmare, ND
Kenmare, ND lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kenmare, ND
As of Oct '25, Realtor.com reports that the median days on market for a home in Kenmare, ND is 43. This is a decrease of -34.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $139,000 | -27.0% |
Listing Count | 8 | 18.0% |
| Listings as % of Homes | 1.1% | 18.0% |
Days on Market | 43 | -34.0% |
Demographics — Kenmare, ND
As of the latest ACS Survey released in 2023, Kenmare, ND has a population of 1,580, which has increased by 17.4% over the past 5 years. Kenmare, ND is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,580 | 17.4% |
% Under 18 | 23.4% | 18.8% |
% Seniors | 26.7% | 8.5% |
% WFH | 3.8% | -47.9% |
% w/ College Degree | 18.7% | 12.0% |
As of the latest ACS Survey released in 2023, Kenmare, ND is a predominantly white area, with 92.4% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Kenmare, ND is hispanic, making up 1.9% of the population. Foreign-born residents account for 1.4% of the population in Kenmare, ND, and this percentage has decreased by 53.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.4% | 1.7% |
% Black | 0.2% | 0.0% |
% Hispanic | 1.9% | -61.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.4% | -53.3% |
Mortgage and Risk — Kenmare, ND
According to HUD data as of 2023, there were 23 mortgage originations in Kenmare, ND, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Kenmare, ND. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Kenmare, ND
Kenmare, ND lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Kenmare, ND
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $238,000 |
| Median Household Income | $71,600 |