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Buying a home in Dunn Center, North Dakota

The typical owner-occupied home in Dunn Center is worth about $178,500, 29% below the North Dakota median of $249,900 and 46% below the national median of $332,700. Owners pay a median $500 a year in property taxes, about 0.28% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $93,750 a year, so the median home costs 1.9 times the median income (3.3 times for North Dakota). 38% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.

Dunn Center at a glance

Dunn Center North Dakota U.S.
Median home value $178,500 $249,900 $332,700
Median property tax paid per year $500 $2,468 $3,119
Property tax as a share of value 0.28% 0.99% 0.94%
Median household income $93,750 $76,657 $80,734
Homes lived in by their owners 38% 63% 65%
Owner homes with a mortgage 18% 52% 61%
Median monthly costs, owners with a mortgage – $1,762 $1,963
Those costs as a share of the owners' income 14.5% 19.4% 21.0%
Median rent $979 $954 $1,413
Rent as a share of renters' income 14.8% 25.0% 30.6%
Median year homes were built 1978 1982 1980
Vacant homes 15.6% 12.3% 10.1%
Population 329 784,841 334,922,499

What a typical home costs per month in Dunn Center

At this week's average 30-year rate of 7.11%, buying the median Dunn Center home of $178,500 with 20% down costs about $1,077 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,374, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $46,142 for the 20%-down payment. That payment is 14% of the median Dunn Center household income of $93,750; at that income and 20% down, the 28% guideline points to a home of about $363,000.

The median rent here is $979 a month, so owning the median home costs about $98 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$35,700
Loan amount$142,800
Principal and interest$961
Property taxes (0.28% a year)$42
Homeowners insurance (our estimate, 0.5% a year)$74
PMI$0
Total per month$1,077

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3.5% down, 30-year FHA loan
Down payment$6,248
Loan amount$175,267
Principal and interest$1,179
Property taxes (0.28% a year)$42
Homeowners insurance (our estimate, 0.5% a year)$74
FHA mortgage insurance$79
Total per month$1,374

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Questions about home buying in Dunn Center

What is the median home value in Dunn Center?

About $178,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Dunn Center?

Homeowners pay a median $500 a year, which is about 0.28% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Dunn Center?

For the median home with 20% down at 7.11%, the payment is about $1,077 a month. Keeping that under 28% of gross income takes about $46,142 a year.

More about Dunn Center

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data