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📍 Leonard, ND · Zillow ZHVI · July 2026

Average Home Price in
Leonard, ND

Fargo, ND-MN metro area · Cass County County

Median Home Value
$267,890
↑ 22.8% year-over-year
vs. National Median
$410,000
Leonard is 35% below
Est. Monthly Payment
$1,397/mo
20% down · 6.8% rate
Income Needed
$71K
gross annual (30% rule)
Median Home Value
$267,890
↑ 22.8% year-over-year
Down Payment (20%)$53,578
Monthly P&I$1,397/mo
With Taxes & Ins.~$1,774/mo
Income Needed$70,960/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Leonard, ND

The median home value in Leonard, ND is $267,890 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 22.8% compared to a year ago and up 1.7% from two years prior.

Compared to the U.S. national median of $410,000, homes in Leonard are priced35% below average. Leonard is part of the Fargo, ND-MN metro area.

City Comparison

Leonard vs. National Median

🏠 Leonard
$267,890
National Median
$410,000

At $267,890, homes in Leonard cost 35% below the national median of $410,000. This makes Leonard a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Leonard?

20% Down Payment
$53,578
on $267,890
Monthly P&I
$1,397/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,774/mo
incl. taxes & insurance
Income Needed
$70,960
gross annual (30% rule)
10% Down Option
$26,789
+ PMI applies
Loan Amount (20% dn)
$214,312
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 Leonard, ND?
The median home value in Leonard is $267,890 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 22.8% year-over-year.
How much have home prices changed in Leonard?
Over the past year, home values in Leonard have increased by 22.8%.
How much do I need to earn to buy a home in Leonard?
To comfortably afford the median home price of $267,890 with a 20% down payment ($53,578) at today's rates (6.8%), you'd need a gross annual income of approximately $70,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Leonard compare to the national average home price?
The national median home value is approximately $410,000. At $267,890, homes in Leonard are 35% below the national average.
What metro area is Leonard part of?
Leonard is part of the Fargo, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.