If you’re looking to understand where home prices are climbing fastest in North Dakota, the latest figures from the Zillow Home Value Index offer a clear picture. From oil boom towns to quiet suburban retreats, the state’s housing market has shifted dramatically over the last decade. While some towns have seen only modest increases, others have surged well above the state average, with prices breaking new records in 2025.
In this roundup, we’ve ranked the 18 most expensive towns in North Dakota using the most recent available Zillow data. Some towns posted major year-over-year growth, while others rebounded after periods of volatility. Whether driven by economic development, location, or lifestyle perks, each town tells a unique story through its pricing trends.
Let’s take a closer look at where home values are peaking across the Peace Garden State.
18. Spiritwood Lake – 2.86% Home Price Increase Since 2022
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- 2022: $327,228
- 2023: $315,904 ($-11,324, -3.46% from previous year)
- 2024: $316,420 (+$517, +0.16% from previous year)
- 2025: $336,596 (+$20,176, +6.38% from previous year)
Spiritwood Lake has seen modest but steady growth in recent years, rising from $327,228 in 2022 to $336,596 in 2025. After a small dip in 2023, the market rebounded with a notable increase of 6.38% in 2025. While the growth rate is slower compared to other towns on this list, Spiritwood Lake remains one of the priciest lakefront communities in North Dakota.
Spiritwood Lake – Price Resilience in a Scenic Lakeside Setting
Nestled in Stutsman County, Spiritwood Lake is known for its serene atmosphere, recreational opportunities, and limited housing stock, all of which keep property values high. The lake itself draws in seasonal and year-round residents, contributing to demand for housing in the area. Although the town is small and lacks commercial development, that exclusivity is part of its appeal—buyers pay a premium for the quiet, natural setting and lakefront access.
In recent years, supply constraints and steady demand from outdoor enthusiasts have supported the town’s gradual price increases. The local real estate market may not be booming, but it has proven resilient, especially in 2025. Its scenic appeal and close-knit community continue to draw buyers willing to invest in a tranquil retreat.
17. Gardner – 5.44% Home Price Increase Since 2022
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- 2022: $321,476
- 2023: $319,334 ($-2,142, -0.67% from previous year)
- 2024: $317,938 ($-1,396, -0.44% from previous year)
- 2025: $338,923 (+$20,985, +6.60% from previous year)
Home prices in Gardner saw minor dips in 2023 and 2024 but rebounded with a strong gain in 2025. The town’s overall increase from $321,476 in 2022 to $338,923 in 2025 amounts to a respectable 5.44% over three years. The recent surge in value suggests growing interest in the area.
Gardner – A Quiet Community With Growing Appeal
Located in Cass County, just a short drive north of Fargo, Gardner is a small rural town that has seen recent attention from homebuyers seeking space and affordability within reach of the city. The rebound in 2025 could be attributed to broader regional trends pushing demand outward from the Fargo metro area.
Gardner’s simplicity is its strength—residents enjoy open skies, farmland views, and a strong sense of community. Though it’s light on commercial development, its proximity to major highways makes commuting feasible. The town’s affordability relative to Fargo also makes it attractive to first-time buyers and families.
16. Arnegard – 20.16% Home Price Increase Since 2022
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- 2022: $286,935
- 2023: $318,002 (+$31,067, +10.83% from previous year)
- 2024: $332,354 (+$14,352, +4.51% from previous year)
- 2025: $344,826 (+$12,472, +3.75% from previous year)
Arnegard has seen robust growth in home values, with a jump from $286,935 in 2022 to $344,826 in 2025. That’s an impressive 20.16% increase in just three years, driven largely by rising demand and limited inventory in western North Dakota.
Arnegard – Oil Country Growth Meets Small-Town Living
Located in McKenzie County, Arnegard is part of the Bakken oil region, and its housing market has followed the fortunes of North Dakota’s energy economy. Growth here often tracks with oil activity, and recent increases in home values reflect renewed investment and employment in the area.
Despite its modest size, Arnegard benefits from nearby infrastructure and proximity to Watford City. Families and workers looking for affordable homes near job centers have turned to Arnegard as a quieter and more affordable alternative. The 2025 price surge suggests steady confidence in the region’s future.
15. Walcott – 12.23% Home Price Increase Since 2022
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- 2022: $308,745
- 2023: $326,568 (+$17,823, +5.77% from previous year)
- 2024: $334,832 (+$8,264, +2.53% from previous year)
- 2025: $346,501 (+$11,669, +3.48% from previous year)
Walcott home prices rose from $308,745 in 2022 to $346,501 in 2025, posting a 12.23% overall gain. Growth has been consistent year over year, driven by a stable mix of rural charm and commuter convenience.
Walcott – A Stable Market Just Outside Fargo
Located in Richland County, Walcott is a tiny but steadily growing town positioned within commuting distance of Fargo. The town has benefited from the outward spread of interest in rural living without straying too far from urban amenities.
The strong appreciation in home values since 2022 reflects this ongoing shift. Walcott’s appeal lies in its mix of affordability, peaceful surroundings, and access to larger job markets. With steady gains across three consecutive years, Walcott stands out as a reliable choice for long-term homeowners.
14. Epping – 10.16% Home Price Increase Since 2021
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- 2021: $317,126
- 2022: $324,613 (+$7,486, +2.36% from previous year)
- 2023: $341,375 (+$16,762, +5.16% from previous year)
- 2024: $324,787 ($-16,587, -4.86% from previous year)
- 2025: $349,323 (+$24,536, +7.55% from previous year)
Epping’s home prices have fluctuated over the last four years, but the overall trend since 2021 is positive. Rising from $317,126 to $349,323, the town has experienced a total gain of 10.16%. The strong 7.55% jump in 2025 suggests growing momentum.
Epping – Growth With High Variability in the West
In Williams County, Epping is another town that benefits from its location near North Dakota’s energy development zones. Price trends here have been more volatile than other towns, reflecting broader shifts in oil-related employment and development activity.
Still, Epping’s strong 2025 rebound after a dip in 2024 indicates investor confidence and possible expansion. The town is small, with limited inventory, which can cause large percentage swings. Its proximity to Williston and increasing buyer interest are keeping Epping on the radar for those looking west.
13. West Fargo – 62.9% Home Price Increase Since 2010
- 2010: $215,738
- 2011: $209,095 ($-6,643, -3.08% from previous year)
- 2012: $206,728 ($-2,367, -1.13% from previous year)
- 2013: $216,549 (+$9,821, +4.75% from previous year)
- 2014: $232,734 (+$16,185, +7.47% from previous year)
- 2015: $254,688 (+$21,954, +9.43% from previous year)
- 2016: $265,777 (+$11,089, +4.35% from previous year)
- 2017: $278,825 (+$13,048, +4.91% from previous year)
- 2018: $287,419 (+$8,594, +3.08% from previous year)
- 2019: $293,624 (+$6,205, +2.16% from previous year)
- 2020: N/A
- 2021: $309,188
- 2022: $330,742 (+$21,554, +6.97% from previous year)
- 2023: $341,456 (+$10,714, +3.24% from previous year)
- 2024: $347,007 (+$5,551, +1.63% from previous year)
- 2025: $351,376 (+$4,369, +1.26% from previous year)
West Fargo has seen a substantial home value climb from $215,738 in 2010 to $351,376 in 2025—an increase of nearly 63%. Growth has been steady across most years, with no significant downturns since the early 2010s. Even in recent years, home values have continued to rise, albeit more gradually.
West Fargo – Suburban Strength and Steady Appreciation
West Fargo, one of North Dakota’s fastest-growing cities, has transformed from a quiet suburb into a vibrant, in-demand community. Its proximity to Fargo makes it an attractive option for commuters, but the city has also built up its own schools, parks, and shopping centers to serve its growing population.
The consistent upward trend in home prices reflects strong demand for family housing, new developments, and a reputation for quality of life. With job opportunities across the metro region and ongoing residential expansion, West Fargo remains one of the most appealing places to buy in the state.
12. Thompson – 7.08% Home Price Increase Since 2022
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- 2022: $330,419
- 2023: $334,700 (+$4,281, +1.30% from previous year)
- 2024: $347,007 (+$12,307, +3.68% from previous year)
- 2025: $353,835 (+$6,828, +1.97% from previous year)
Thompson has posted moderate growth since 2022, moving from $330,419 to $353,835 in 2025. Its 7.08% total increase over this period suggests a stable and reliable market, especially for those seeking long-term value.
Thompson – A Solid Bet Near Grand Forks
Located in Grand Forks County, Thompson offers the calm of small-town life while sitting just minutes from the larger Grand Forks metro area. This strategic position has helped maintain steady interest among buyers looking for manageable commutes and peaceful neighborhoods.
Though the price increases haven’t been explosive, the town’s consistent gains reflect demand for affordable housing with access to urban employment. Thompson’s reputation for good schools and a tight-knit community adds to its long-term appeal.
11. Williston – 134.7% Home Price Increase Since 2010
- 2010: $152,675
- 2011: $188,080 (+$35,405, +23.19% from previous year)
- 2012: $240,509 (+$52,429, +27.88% from previous year)
- 2013: $303,406 (+$62,897, +26.15% from previous year)
- 2014: $345,456 (+$42,050, +13.86% from previous year)
- 2015: $341,969 ($-3,487, -1.01% from previous year)
- 2016: $322,080 ($-19,889, -5.82% from previous year)
- 2017: $288,692 ($-33,388, -10.37% from previous year)
- 2018: $274,892 ($-13,800, -4.78% from previous year)
- 2019: $270,699 ($-4,193, -1.53% from previous year)
- 2020: N/A
- 2021: $295,628
- 2022: $334,063 (+$38,435, +13.00% from previous year)
- 2023: $351,639 (+$17,576, +5.26% from previous year)
- 2024: $358,853 (+$7,214, +2.05% from previous year)
- 2025: $358,339 ($-514, -0.14% from previous year)
Williston’s market surged in the early 2010s, driven by the oil boom, and has grown from $152,675 in 2010 to $358,339 in 2025—an eye-popping 134.7% increase. Although recent years have shown slower or even negative change, the long-term gain remains among the highest in the state.
Williston – Oil Boomtown With Market Highs and Lows
In the heart of the Bakken shale formation, Williston has become a symbol of oil-fueled housing market volatility. Early boom years brought massive price spikes, while the mid-2010s saw values fall as the oil sector cooled. The market has since leveled out, with modest gains post-2021.
Despite some declines, Williston remains one of the most expensive towns in the state thanks to its developed infrastructure, job market, and energy-driven economy. Housing demand remains steady, though prices have stabilized as the area adjusts to a more mature growth phase.
10. Bismarck – 62.4% Home Price Increase Since 2010
- 2010: $221,928
- 2011: $227,542 (+$5,614, +2.53% from previous year)
- 2012: $230,463 (+$2,921, +1.28% from previous year)
- 2013: $243,697 (+$13,234, +5.74% from previous year)
- 2014: $260,745 (+$17,048, +6.99% from previous year)
- 2015: $276,652 (+$15,907, +6.10% from previous year)
- 2016: $284,903 (+$8,251, +2.98% from previous year)
- 2017: $295,065 (+$10,162, +3.57% from previous year)
- 2018: $305,158 (+$10,093, +3.42% from previous year)
- 2019: $311,609 (+$6,451, +2.11% from previous year)
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- 2021: $324,218
- 2022: $346,021 (+$21,803, +6.72% from previous year)
- 2023: $355,893 (+$9,872, +2.85% from previous year)
- 2024: $360,758 (+$4,865, +1.37% from previous year)
- 2025: $360,423 ($-335, -0.09% from previous year)
Bismarck’s home prices have risen steadily over the past 15 years, jumping from $221,928 in 2010 to $360,423 in 2025. That’s a 62.4% overall increase, driven by consistent demand and steady population growth in the state’s capital.
Bismarck – The Capital’s Market Keeps Climbing
As the state capital and second-largest city, Bismarck offers a strong mix of government jobs, healthcare facilities, and commercial hubs. Its balanced economy has helped keep housing demand steady, resulting in smooth and sustained growth.
Though price increases have slowed slightly in recent years, Bismarck remains one of the most sought-after cities for both homeowners and investors. The city’s excellent schools, green spaces, and services make it a reliable choice for families and professionals alike.
9. Watford City – 121.3% Home Price Increase Since 2010
- 2010: $166,847
- 2011: $214,866 (+$48,019, +28.78% from previous year)
- 2012: $279,306 (+$64,440, +29.99% from previous year)
- 2013: $349,095 (+$69,789, +24.99% from previous year)
- 2014: $380,892 (+$31,797, +9.11% from previous year)
- 2015: $368,830 ($-12,062, -3.17% from previous year)
- 2016: $341,765 ($-27,065, -7.34% from previous year)
- 2017: $309,725 ($-32,040, -9.37% from previous year)
- 2018: $296,113 ($-13,612, -4.39% from previous year)
- 2019: $292,742 ($-3,371, -1.14% from previous year)
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- 2021: $327,547
- 2022: $358,888 (+$31,341, +9.57% from previous year)
- 2023: $370,141 (+$11,253, +3.14% from previous year)
- 2024: $372,140 (+$1,999, +0.54% from previous year)
- 2025: $369,302 ($-2,838, -0.76% from previous year)
Watford City’s housing market skyrocketed in the early 2010s, with home values surging from $166,847 in 2010 to $369,302 in 2025. That’s a 121.3% gain, though recent years have shown much smaller changes, indicating a settling market.
Watford City – Oil-Driven Growth with a Plateau
McKenzie County’s largest town, Watford City saw dramatic growth during North Dakota’s oil boom. Thousands of new residents arrived in the early 2010s, and housing prices reflected the massive demand. Since then, the market has cooled but remains elevated compared to a decade ago.
The town has invested in schools, public buildings, and infrastructure to support its growth. While job growth has slowed, Watford City continues to attract workers and families tied to energy, agriculture, and logistics sectors. Recent flat prices may indicate a stable new normal for this once-surging market.
8. Menoken – 18.96% Home Price Increase Since 2022
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- 2022: $315,089
- 2023: $351,110 (+$36,021, +11.43% from previous year)
- 2024: $368,222 (+$17,112, +4.88% from previous year)
- 2025: $374,905 (+$6,683, +1.82% from previous year)
Menoken’s home prices have risen steadily over three years, climbing from $315,089 in 2022 to $374,905 in 2025. That 18.96% increase suggests strong buyer interest and stable growth. Each year posted a positive gain, though the pace has moderated slightly since 2023.
Menoken – Quiet, Rural Growth Just Outside Bismarck
Menoken sits in Burleigh County, just east of Bismarck, making it a peaceful alternative for buyers seeking rural space with city access. Known for its spacious lots and open land, the town has become increasingly attractive to buyers priced out of nearby Bismarck.
With limited housing stock and increasing demand from families and retirees, Menoken’s growth is being driven by its mix of space, privacy, and proximity to employment hubs. The consistent value increases since 2022 make it one of the region’s most quietly appreciating markets.
7. Harwood – 13.54% Home Price Increase Since 2022
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- 2022: $338,618
- 2023: $365,230 (+$26,612, +7.86% from previous year)
- 2024: $379,816 (+$14,586, +3.99% from previous year)
- 2025: $384,447 (+$4,631, +1.22% from previous year)
Harwood’s home prices have grown 13.54% since 2022, driven by steady year-over-year gains. Although growth slowed in 2025, the overall trend remains positive, signaling sustained demand in this small Cass County community.
Harwood – Appealing Suburban Living in Cass County
Located just north of Fargo, Harwood blends small-town quiet with easy access to urban amenities. This proximity to one of the state’s largest cities makes it a popular choice for families looking for space and privacy without a long commute.
Development in the Fargo metro has helped boost interest in Harwood, especially among buyers who want a more rural atmosphere. Infrastructure improvements and school quality have added to its appeal, supporting consistent price growth in recent years.
6. Colfax – 9.41% Home Price Increase Since 2022
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- 2022: $355,306
- 2023: $377,717 (+$22,411, +6.31% from previous year)
- 2024: $384,832 (+$7,115, +1.88% from previous year)
- 2025: $388,753 (+$3,921, +1.02% from previous year)
Colfax has maintained a steady pace of growth, with home prices rising from $355,306 in 2022 to $388,753 in 2025—a 9.41% increase. Growth has slowed slightly each year but continues to trend upward, reflecting stability and moderate demand.
Colfax – Small-Town Strength with a Consistent Climb
Colfax, located in Richland County, is a tiny community surrounded by farmland and prairie. Its housing stock is limited, but its peaceful setting and low turnover keep prices moving slowly but surely upward.
The town’s affordability relative to some neighboring areas makes it appealing to buyers seeking long-term value. While growth isn’t dramatic, Colfax’s consistency is part of its appeal. It’s a strong option for those prioritizing peace, space, and stability.
5. Kindred – 12.05% Home Price Increase Since 2022
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- 2022: $356,436
- 2023: $378,493 (+$22,057, +6.19% from previous year)
- 2024: $390,509 (+$12,016, +3.17% from previous year)
- 2025: $399,376 (+$8,867, +2.27% from previous year)
Kindred’s home values have risen 12.05% over the past three years, with consistent growth each year. The 2025 price of $399,376 represents steady buyer interest and growing appeal for this Cass County community.
Kindred – Small Town Growth Backed by Big Opportunity
Kindred has gained attention in recent years as Fargo’s growth pushes interest into surrounding towns. Located just 25 miles southwest of Fargo, Kindred is a tight-knit community with strong schools and a growing housing market.
The town is attractive to families and commuters alike, offering a blend of rural life and accessibility. New housing developments and infrastructure upgrades have helped support rising prices, and continued interest from young families has kept demand healthy.
4. Horace – 61.6% Home Price Increase Since 2010
- 2010: $248,536
- 2011: $254,230 (+$5,694, +2.29% from previous year)
- 2012: $256,097 (+$1,867, +0.73% from previous year)
- 2013: $269,135 (+$13,038, +5.09% from previous year)
- 2014: $288,476 (+$19,341, +7.19% from previous year)
- 2015: $314,522 (+$26,046, +9.03% from previous year)
- 2016: $333,140 (+$18,618, +5.92% from previous year)
- 2017: $349,804 (+$16,664, +5.00% from previous year)
- 2018: $363,239 (+$13,435, +3.84% from previous year)
- 2019: $372,240 (+$9,001, +2.48% from previous year)
- 2020: N/A
- 2021: $389,134
- 2022: $406,542 (+$17,408, +4.47% from previous year)
- 2023: $408,655 (+$2,113, +0.52% from previous year)
- 2024: $404,949 ($-3,706, -0.91% from previous year)
- 2025: $401,711 ($-3,238, -0.80% from previous year)
Horace’s home values have climbed 61.6% since 2010, with prices increasing from $248,536 to $401,711. While recent years have shown slight declines, the long-term growth places it among North Dakota’s most valuable housing markets.
Horace – Fargo’s Fast-Growing Neighbor
Horace has seen explosive development over the past decade, fueled by its location just south of Fargo. New housing subdivisions, updated infrastructure, and rising demand for suburban living helped propel home values upward throughout the 2010s.
While 2024 and 2025 saw minor pullbacks in pricing, the town remains a key target for families and developers. Its blend of new construction and a strong school district continue to attract buyers, keeping Horace in the upper tier of home values statewide.
3. Argusville – 9.64% Home Price Increase Since 2022
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- 2022: $383,736
- 2023: $409,436 (+$25,700, +6.70% from previous year)
- 2024: $417,536 (+$8,100, +1.98% from previous year)
- 2025: $420,707 (+$3,171, +0.76% from previous year)
Argusville’s home prices have increased 9.64% since 2022, reflecting continued demand despite a tapering growth rate. After a strong jump in 2023, price growth slowed but remained positive through 2025, ending at $420,707.
Argusville – Rising Prices in a Rural Refuge
Located in Cass County, Argusville is a quiet, rural town that’s increasingly attractive to buyers seeking space and peace within a short drive of Fargo. Its small size means limited inventory, which can quickly drive prices up when demand surges.
The 2023 spike likely reflected interest from remote workers and suburban movers, while the slower growth in subsequent years suggests the market is stabilizing. Still, Argusville remains one of the most expensive towns in the state, anchored by quality of life and easy access to city jobs.
2. Baldwin – 10.62% Home Price Increase Since 2022
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- 2022: $447,263
- 2023: $483,242 (+$35,979, +8.04% from previous year)
- 2024: $492,051 (+$8,809, +1.82% from previous year)
- 2025: $494,813 (+$2,762, +0.56% from previous year)
Home values in Baldwin have risen 10.62% since 2022, with prices topping out at $494,813 in 2025. Growth has decelerated over time, but the consistent increases keep Baldwin among the state’s most expensive places to buy a home.
Baldwin – Spacious Properties Just Outside Bismarck
Baldwin is a rural community located north of Bismarck that appeals to buyers looking for land and privacy. Many properties in the area feature larger lots and custom homes, which help elevate average prices compared to other small towns.
The steady gains since 2022 point to enduring demand among professionals and retirees who want proximity to Bismarck without the density. Baldwin’s quiet charm, paired with access to city amenities, has helped solidify its position at the top of North Dakota’s housing market.
1. Reiles Acres – 63.7% Home Price Increase Since 2010
- 2010: $332,701
- 2011: $338,797 (+$6,096, +1.83% from previous year)
- 2012: $341,323 (+$2,526, +0.75% from previous year)
- 2013: $358,480 (+$17,157, +5.03% from previous year)
- 2014: $382,962 (+$24,482, +6.83% from previous year)
- 2015: $413,784 (+$30,822, +8.05% from previous year)
- 2016: $433,669 (+$19,885, +4.80% from previous year)
- 2017: $453,773 (+$20,104, +4.63% from previous year)
- 2018: $470,412 (+$16,639, +3.67% from previous year)
- 2019: $482,177 (+$11,765, +2.50% from previous year)
- 2020: N/A
- 2021: $507,132
- 2022: $537,700 (+$30,568, +6.03% from previous year)
- 2023: $542,659 (+$4,959, +0.92% from previous year)
- 2024: $544,602 (+$1,943, +0.36% from previous year)
- 2025: $544,602 (+$0, +0.00% from previous year)
Reiles Acres tops the list, with a 63.7% home price increase since 2010. Prices climbed steadily through the 2010s and early 2020s before leveling off in 2024 and 2025, holding firm at $544,602.
Reiles Acres – Top Dollar in a Premier Fargo Suburb
Reiles Acres, located just northwest of Fargo, has long been a premium residential area. Known for its custom homes, well-kept streets, and low population density, the town caters to buyers seeking high-end properties with proximity to the city.
Its consistently rising home prices reflect strong demand, limited housing supply, and a desirable location. Even as growth has flattened in recent years, Reiles Acres remains the most expensive town in North Dakota according to Zillow’s data—a clear signal of its long-standing appeal and stability.
