The typical owner-occupied home in Sheyenne is worth about $68,300, 73% below the North Dakota median of $249,900 and 79% below the national median of $332,700. Owners pay a median $792 a year in property taxes, about 1.16% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $46,615 a year, so the median home costs 1.5 times the median income (3.3 times for North Dakota). 66% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.
Sheyenne at a glance
| Sheyenne | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $68,300 | $249,900 | $332,700 |
| Median property tax paid per year | $792 | $2,468 | $3,119 |
| Property tax as a share of value | 1.16% | 0.99% | 0.94% |
| Median household income | $46,615 | $76,657 | $80,734 |
| Homes lived in by their owners | 66% | 63% | 65% |
| Owner homes with a mortgage | 18% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $839 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 13.0% | 19.4% | 21.0% |
| Median rent | $438 | $954 | $1,413 |
| Rent as a share of renters' income | 13.9% | 25.0% | 30.6% |
| Median year homes were built | 1965 | 1982 | 1980 |
| Vacant homes | 23.3% | 12.3% | 10.1% |
| Population | 198 | 784,841 | 334,922,499 |
What a typical home costs per month in Sheyenne
At this week's average 30-year rate of 7.11%, buying the median Sheyenne home of $68,300 with 20% down costs about $462 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $576, 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 $19,802 for the 20%-down payment. That payment is 12% of the median Sheyenne household income of $46,615; at that income and 20% down, the 28% guideline points to a home of about $161,000.
The median rent here is $438 a month, so owning the median home costs about $24 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $13,660 |
|---|---|
| Loan amount | $54,640 |
| Principal and interest | $368 |
| Property taxes (1.16% a year) | $66 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $462 |
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| Down payment | $2,390 |
|---|---|
| Loan amount | $67,063 |
| Principal and interest | $451 |
| Property taxes (1.16% a year) | $66 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $30 |
| Total per month | $576 |
Change the numbers in the calculator
Questions about home buying in Sheyenne
What is the median home value in Sheyenne?
About $68,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sheyenne?
Homeowners pay a median $792 a year, which is about 1.16% 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 Sheyenne?
For the median home with 20% down at 7.11%, the payment is about $462 a month. Keeping that under 28% of gross income takes about $19,802 a year.
More about Sheyenne
- Mortgage Refinance in Sheyenne
- Debt Relief in Sheyenne
- Home Equity Loans in Sheyenne
- 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