The typical owner-occupied home in Mandaree is worth about $170,300, 32% below the North Dakota median of $249,900 and 49% below the national median of $332,700. The median household earns $64,545 a year, so the median home costs 2.6 times the median income (3.3 times for North Dakota). 22% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Mandaree at a glance
| Mandaree | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $170,300 | $249,900 | $332,700 |
| Median property tax paid per year | – | $2,468 | $3,119 |
| Median household income | $64,545 | $76,657 | $80,734 |
| Homes lived in by their owners | 22% | 63% | 65% |
| Owner homes with a mortgage | 0% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | $820 | $954 | $1,413 |
| Rent as a share of renters' income | 13.1% | 25.0% | 30.6% |
| Median year homes were built | 1996 | 1982 | 1980 |
| Vacant homes | 35.2% | 12.3% | 10.1% |
| Population | 620 | 784,841 | 334,922,499 |
What a typical home costs per month in Mandaree
At this week's average 30-year rate of 7.11%, buying the median Mandaree home of $170,300 with 20% down costs about $1,144 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,427, 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 $49,010 for the 20%-down payment. That payment is 21% of the median Mandaree household income of $64,545; at that income and 20% down, the 28% guideline points to a home of about $224,000.
The median rent here is $820 a month, so owning the median home costs about $324 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,060 |
|---|---|
| Loan amount | $136,240 |
| Principal and interest | $916 |
| Property taxes (1.10% a year) | $156 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| PMI | $0 |
| Total per month | $1,144 |
Change the numbers in the calculator
| Down payment | $5,960 |
|---|---|
| Loan amount | $167,215 |
| Principal and interest | $1,125 |
| Property taxes (1.10% a year) | $156 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| FHA mortgage insurance | $75 |
| Total per month | $1,427 |
Change the numbers in the calculator
Questions about home buying in Mandaree
What is the median home value in Mandaree?
About $170,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Mandaree?
For the median home with 20% down at 7.11%, the payment is about $1,144 a month. Keeping that under 28% of gross income takes about $49,010 a year.
More about Mandaree
- Mortgage Refinance in Mandaree
- Debt Relief in Mandaree
- Home Equity Loans in Mandaree
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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