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Buying a home in Flasher, North Dakota

The typical owner-occupied home in Flasher is worth about $75,000, 70% below the North Dakota median of $249,900 and 77% below the national median of $332,700. Owners pay a median $1,245 a year in property taxes, about 1.66% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $44,583 a year, so the median home costs 1.7 times the median income (3.3 times for North Dakota). 86% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.

Flasher at a glance

Flasher North Dakota U.S.
Median home value $75,000 $249,900 $332,700
Median property tax paid per year $1,245 $2,468 $3,119
Property tax as a share of value 1.66% 0.99% 0.94%
Median household income $44,583 $76,657 $80,734
Homes lived in by their owners 86% 63% 65%
Owner homes with a mortgage 31% 52% 61%
Median monthly costs, owners with a mortgage $1,202 $1,762 $1,963
Those costs as a share of the owners' income 18.4% 19.4% 21.0%
Median rent $575 $954 $1,413
Rent as a share of renters' income 21.1% 25.0% 30.6%
Median year homes were built 1965 1982 1980
Vacant homes 13.3% 12.3% 10.1%
Population 222 784,841 334,922,499

What a typical home costs per month in Flasher

At this week's average 30-year rate of 7.11%, buying the median Flasher home of $75,000 with 20% down costs about $539 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $664, 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 $23,084 for the 20%-down payment. That payment is 14% of the median Flasher household income of $44,583; at that income and 20% down, the 28% guideline points to a home of about $145,000.

The median rent here is $575 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$15,000
Loan amount$60,000
Principal and interest$404
Property taxes (1.66% a year)$104
Homeowners insurance (our estimate, 0.5% a year)$31
PMI$0
Total per month$539

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3.5% down, 30-year FHA loan
Down payment$2,625
Loan amount$73,642
Principal and interest$495
Property taxes (1.66% a year)$104
Homeowners insurance (our estimate, 0.5% a year)$31
FHA mortgage insurance$33
Total per month$664

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Questions about home buying in Flasher

What is the median home value in Flasher?

About $75,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Flasher?

Homeowners pay a median $1,245 a year, which is about 1.66% 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 Flasher?

For the median home with 20% down at 7.11%, the payment is about $539 a month. Keeping that under 28% of gross income takes about $23,084 a year.

More about Flasher

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