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Land and home values in Minot, ND

Minot is a city in Ward County, North Dakota, home to about 47,791 people. Residential land runs about $5.78 per sq ft, the typical home is worth about $296,000, and a 2-bedroom rents for about $1,010 a month, as of October 12, 2026.

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Values in Minot

Land: residential$5.78per sq ft
Land: residential$251,777per acre
Land: quarter-acre lot$62,94410,890 sq ft
Home: typical (median)$296,000value
Home: entry-level$188,000lower quartile
Home: upper-end$347,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$829per month
Rent: 2-bedroom$1,010per month
Rent: 3-bedroom$1,390per month
Rent: 4-bedroom$1,680per month
Gross yield, 2-bed4.1%a year

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Questions people ask

How much is land worth in Minot, ND?

Residential land in Minot, ND is about $5.78 per square foot, or $251,777 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $62,944. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Minot, ND?

The typical (median) home in Minot, ND is worth about $296,000, with entry-level homes around $188,000 and upper-end homes around $347,000, as of October 2026.

How much is rent in Minot, ND?

A 2-bedroom rents for about $1,010 a month in Minot, ND, a 1-bedroom about $829 and a 3-bedroom about $1,390 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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