Market Overview
Home Prices in Devils Lake, ND
The median home value in Devils Lake, ND is $246,864 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.4% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Devils Lake are priced40% below average.
Over the past five years, Devils Lake home values have risen by approximately19.1%, reflecting steady appreciation in this market.
Price History
Devils Lake Home Price Trend
2020
$191,637
$192K
—
2021
$207,313
$207K
+8.2%
2022
$227,251
$227K
+9.6%
2023
$217,225
$217K
-4.4%
2024
$221,603
$222K
+2.0%
2025
$227,642
$228K
+2.7%
2026
$246,864
$247K
+8.4%
City Comparison
Devils Lake vs. National Median
🏠 Devils Lake
$246,864
National Median
$410,000
At $246,864, homes in Devils Lake cost 40% below the national median of $410,000. This makes Devils Lake a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Devils Lake?
20% Down Payment
$49,373
on $246,864
Monthly P&I
$1,287/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,634/mo
incl. taxes & insurance
Income Needed
$65,360
gross annual (30% rule)
10% Down Option
$24,686
+ PMI applies
Loan Amount (20% dn)
$197,491
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Devils Lake, ND?
The median home value in Devils Lake is $246,864 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.4% year-over-year.
How much have home prices changed in Devils Lake?
Over the past year, home values in Devils Lake have increased by 8.4%. Over five years, prices have risen approximately 19.1%.
How much do I need to earn to buy a home in Devils Lake?
To comfortably afford the median home price of $246,864 with a 20% down payment ($49,373) at today's rates (6.8%), you'd need a gross annual income of approximately $65,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Devils Lake compare to the national average home price?
The national median home value is approximately $410,000. At $246,864, homes in Devils Lake are 40% below the national average.