Market Overview
Home Prices in Tower City, ND
The median home value in Tower City, ND is $241,422 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tower City are priced41% below average. Tower City is part of the Fargo, ND-MN metro area.
Price History
Tower City Home Price Trend
2022
$258,901
$259K
—
2023
$231,970
$232K
-10.4%
2024
$227,328
$227K
-2.0%
2025
$226,933
$227K
-0.2%
2026
$241,422
$241K
+6.4%
City Comparison
Tower City vs. National Median
🏠 Tower City
$241,422
National Median
$410,000
At $241,422, homes in Tower City cost 41% below the national median of $410,000. This makes Tower City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tower City?
20% Down Payment
$48,284
on $241,422
Monthly P&I
$1,259/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,599/mo
incl. taxes & insurance
Income Needed
$63,960
gross annual (30% rule)
10% Down Option
$24,142
+ PMI applies
Loan Amount (20% dn)
$193,138
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 Tower City, ND?
The median home value in Tower City is $241,422 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Tower City?
Over the past year, home values in Tower City have increased by 6.4%.
How much do I need to earn to buy a home in Tower City?
To comfortably afford the median home price of $241,422 with a 20% down payment ($48,284) at today's rates (6.8%), you'd need a gross annual income of approximately $63,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Tower City compare to the national average home price?
The national median home value is approximately $410,000. At $241,422, homes in Tower City are 41% below the national average.
What metro area is Tower City part of?
Tower City is part of the Fargo, ND-MN metropolitan area. Home prices and market conditions can vary across the broader metro region.