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Buying a home in Slope County, North Dakota

The typical owner-occupied home in Slope County is worth about $170,000, 32% below the North Dakota median of $249,900 and 49% below the national median of $332,700. Owners pay a median $387 a year in property taxes, about 0.23% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $71,250 a year, so the median home costs 2.4 times the median income (3.3 times for North Dakota). 81% of occupied homes here are lived in by their owners, and 20% of those owners still have a mortgage.

Slope County at a glance

Slope County North Dakota U.S.
Median home value $170,000 $249,900 $332,700
Median property tax paid per year $387 $2,468 $3,119
Property tax as a share of value 0.23% 0.99% 0.94%
Median household income $71,250 $76,657 $80,734
Homes lived in by their owners 81% 63% 65%
Owner homes with a mortgage 20% 52% 61%
Median monthly costs, owners with a mortgage $2,224 $1,762 $1,963
Those costs as a share of the owners' income 28.6% 19.4% 21.0%
Median rent $525 $954 $1,413
Rent as a share of renters' income 10.0% 25.0% 30.6%
Median year homes were built 1961 1982 1980
Vacant homes 18.0% 12.3% 10.1%
Population 766 784,841 334,922,499

What a typical home costs per month in Slope County

At this week's average 30-year rate of 7.11%, buying the median Slope County home of $170,000 with 20% down costs about $1,018 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,302, 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 $43,641 for the 20%-down payment. That payment is 17% of the median Slope County household income of $71,250; at that income and 20% down, the 28% guideline points to a home of about $278,000.

The median rent here is $525 a month, so owning the median home costs about $493 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$34,000
Loan amount$136,000
Principal and interest$915
Property taxes (0.23% a year)$33
Homeowners insurance (our estimate, 0.5% a year)$71
PMI$0
Total per month$1,018

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3.5% down, 30-year FHA loan
Down payment$5,950
Loan amount$166,921
Principal and interest$1,123
Property taxes (0.23% a year)$33
Homeowners insurance (our estimate, 0.5% a year)$71
FHA mortgage insurance$75
Total per month$1,302

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Questions about home buying in Slope County

What is the median home value in Slope County?

About $170,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Slope County?

Homeowners pay a median $387 a year, which is about 0.23% 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 Slope County?

For the median home with 20% down at 7.11%, the payment is about $1,018 a month. Keeping that under 28% of gross income takes about $43,641 a year.

More about Slope County

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