Market Overview
Home Prices in Grand Forks, ND
The median home value in Grand Forks, ND is $303,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.6% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grand Forks are priced26% below average. Grand Forks is part of the Grand Forks, ND-MN metro area.
Over the past five years, Grand Forks home values have risen by approximately27.1%, reflecting strong long-term appreciation in this market.
Price History
Grand Forks Home Price Trend
City Comparison
Grand Forks vs. National Median
At $303,687, homes in Grand Forks cost 26% below the national median of $410,000. This makes Grand Forks a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grand Forks?
20% Down Payment
$60,737
on $303,687
Monthly P&I
$1,584/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,012/mo
incl. taxes & insurance
Income Needed
$80,480
gross annual (30% rule)
10% Down Option
$30,369
+ PMI applies
Loan Amount (20% dn)
$242,950
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 Grand Forks, ND?
The median home value in Grand Forks is $303,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.6% year-over-year.
How much have home prices changed in Grand Forks?
Over the past year, home values in Grand Forks have increased by 7.6%. Over five years, prices have risen approximately 27.1%.
How much do I need to earn to buy a home in Grand Forks?
To comfortably afford the median home price of $303,687 with a 20% down payment ($60,737) at today's rates (6.8%), you'd need a gross annual income of approximately $80,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Grand Forks compare to the national average home price?
The national median home value is approximately $410,000. At $303,687, homes in Grand Forks are 26% below the national average.
What metro area is Grand Forks part of?
Grand Forks is part of the Grand Forks, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.