Market Overview
Home Prices in Emerado, ND
The median home value in Emerado, ND is $233,980 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.4% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Emerado are priced43% below average. Emerado is part of the Grand Forks, ND-MN metro area.
Over the past five years, Emerado home values have risen by approximately7.6%, reflecting steady appreciation in this market.
Price History
Emerado Home Price Trend
City Comparison
Emerado vs. National Median
At $233,980, homes in Emerado cost 43% below the national median of $410,000. This makes Emerado a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Emerado?
20% Down Payment
$46,796
on $233,980
Monthly P&I
$1,220/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,549/mo
incl. taxes & insurance
Income Needed
$61,960
gross annual (30% rule)
10% Down Option
$23,398
+ PMI applies
Loan Amount (20% dn)
$187,184
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 Emerado, ND?
The median home value in Emerado is $233,980 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.4% year-over-year.
How much have home prices changed in Emerado?
Over the past year, home values in Emerado have increased by 12.4%. Over five years, prices have risen approximately 7.6%.
How much do I need to earn to buy a home in Emerado?
To comfortably afford the median home price of $233,980 with a 20% down payment ($46,796) at today's rates (6.8%), you'd need a gross annual income of approximately $61,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Emerado compare to the national average home price?
The national median home value is approximately $410,000. At $233,980, homes in Emerado are 43% below the national average.
What metro area is Emerado part of?
Emerado is part of the Grand Forks, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.