Market Overview
Home Prices in Larimore, ND
The median home value in Larimore, ND is $221,714 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Larimore are priced46% below average. Larimore is part of the Grand Forks, ND-MN metro area.
Over the past five years, Larimore home values have risen by approximately14.7%, reflecting steady appreciation in this market.
Price History
Larimore Home Price Trend
City Comparison
Larimore vs. National Median
At $221,714, homes in Larimore cost 46% below the national median of $410,000. This makes Larimore a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Larimore?
20% Down Payment
$44,343
on $221,714
Monthly P&I
$1,156/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,468/mo
incl. taxes & insurance
Income Needed
$58,720
gross annual (30% rule)
10% Down Option
$22,171
+ PMI applies
Loan Amount (20% dn)
$177,371
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 Larimore, ND?
The median home value in Larimore is $221,714 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11% year-over-year.
How much have home prices changed in Larimore?
Over the past year, home values in Larimore have increased by 11%. Over five years, prices have risen approximately 14.7%.
How much do I need to earn to buy a home in Larimore?
To comfortably afford the median home price of $221,714 with a 20% down payment ($44,343) at today's rates (6.8%), you'd need a gross annual income of approximately $58,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Larimore compare to the national average home price?
The national median home value is approximately $410,000. At $221,714, homes in Larimore are 46% below the national average.
What metro area is Larimore part of?
Larimore is part of the Grand Forks, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.