Home Affordability in 58701
Minot, ND — Ward County
The median home price in ZIP code 58701 (Minot) is $255,000 with a median household income of $52,000. The price-to-income ratio is 4.9x.
Median Home Price
$255,000
Median Income
$52,000
Price-to-Income
4.9x
Est. Affordable Home
$202,000
Property Tax Rate
0.95%
Annual Property Tax
$2,423
Cost of Living
91
Metro Area
Minot MSA
Down Payment Scenarios for ZIP 58701
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $7,650 | $247,350 | Yes |
| 5% | $12,750 | $242,250 | Yes |
| 10% | $25,500 | $229,500 | Yes |
| 20% | $51,000 | $204,000 | No |
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