Market Overview
Home Prices in Watford City, ND
The median home value in Watford City, ND is $388,715 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 6.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Watford City are priced5% below average.
Over the past five years, Watford City home values have risen by approximately20.1%, reflecting strong long-term appreciation in this market.
Price History
Watford City Home Price Trend
2020
$305,939
$306K
—
2021
$323,602
$324K
+5.8%
2022
$341,587
$342K
+5.6%
2023
$340,733
$341K
-0.3%
2024
$342,732
$343K
+0.6%
2025
$364,011
$364K
+6.2%
2026
$388,715
$389K
+6.8%
City Comparison
Watford City vs. National Median
🏠 Watford City
$388,715
National Median
$410,000
At $388,715, homes in Watford City cost 5% below the national median of $410,000. This makes Watford City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Watford City?
20% Down Payment
$77,743
on $388,715
Monthly P&I
$2,027/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,574/mo
incl. taxes & insurance
Income Needed
$102,960
gross annual (30% rule)
10% Down Option
$38,872
+ PMI applies
Loan Amount (20% dn)
$310,972
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 Watford City, ND?
The median home value in Watford City is $388,715 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Watford City?
Over the past year, home values in Watford City have increased by 6.8%. Over five years, prices have risen approximately 20.1%.
How much do I need to earn to buy a home in Watford City?
To comfortably afford the median home price of $388,715 with a 20% down payment ($77,743) at today's rates (6.8%), you'd need a gross annual income of approximately $102,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Watford City compare to the national average home price?
The national median home value is approximately $410,000. At $388,715, homes in Watford City are 5% below the national average.