Market Overview
Home Prices in Hankinson, ND
The median home value in Hankinson, ND is $176,850 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hankinson are priced57% below average. Hankinson is part of the Wahpeton, ND-MN metro area.
Over the past five years, Hankinson home values have risen by approximately5.7%, reflecting steady appreciation in this market.
Price History
Hankinson Home Price Trend
City Comparison
Hankinson vs. National Median
At $176,850, homes in Hankinson cost 57% below the national median of $410,000. This makes Hankinson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hankinson?
20% Down Payment
$35,370
on $176,850
Monthly P&I
$922/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,171/mo
incl. taxes & insurance
Income Needed
$46,840
gross annual (30% rule)
10% Down Option
$17,685
+ PMI applies
Loan Amount (20% dn)
$141,480
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 Hankinson, ND?
The median home value in Hankinson is $176,850 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Hankinson?
Over the past year, home values in Hankinson have increased by 0.7%. Over five years, prices have risen approximately 5.7%.
How much do I need to earn to buy a home in Hankinson?
To comfortably afford the median home price of $176,850 with a 20% down payment ($35,370) at today's rates (6.8%), you'd need a gross annual income of approximately $46,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Hankinson compare to the national average home price?
The national median home value is approximately $410,000. At $176,850, homes in Hankinson are 57% below the national average.
What metro area is Hankinson part of?
Hankinson is part of the Wahpeton, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.