Market Overview
Home Prices in Reynolds, ND
The median home value in Reynolds, ND is $263,695 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 17.6% compared to a year ago and up 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Reynolds are priced36% below average. Reynolds is part of the Grand Forks, ND-MN metro area.
Over the past five years, Reynolds home values have risen by approximately7.7%, reflecting steady appreciation in this market.
Price History
Reynolds Home Price Trend
City Comparison
Reynolds vs. National Median
At $263,695, homes in Reynolds cost 36% below the national median of $410,000. This makes Reynolds a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Reynolds?
20% Down Payment
$52,739
on $263,695
Monthly P&I
$1,375/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,746/mo
incl. taxes & insurance
Income Needed
$69,840
gross annual (30% rule)
10% Down Option
$26,370
+ PMI applies
Loan Amount (20% dn)
$210,956
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 Reynolds, ND?
The median home value in Reynolds is $263,695 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 17.6% year-over-year.
How much have home prices changed in Reynolds?
Over the past year, home values in Reynolds have increased by 17.6%. Over five years, prices have risen approximately 7.7%.
How much do I need to earn to buy a home in Reynolds?
To comfortably afford the median home price of $263,695 with a 20% down payment ($52,739) at today's rates (6.8%), you'd need a gross annual income of approximately $69,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Reynolds compare to the national average home price?
The national median home value is approximately $410,000. At $263,695, homes in Reynolds are 36% below the national average.
What metro area is Reynolds part of?
Reynolds is part of the Grand Forks, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.