The typical owner-occupied home in Spiritwood is worth about $235,700, 6% below the North Dakota median of $249,900 and 29% below the national median of $332,700. Owners pay a median $2,294 a year in property taxes, about 0.97% of their home's value, close to the North Dakota rate of 0.99%. 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Spiritwood at a glance
| Spiritwood | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $235,700 | $249,900 | $332,700 |
| Median property tax paid per year | $2,294 | $2,468 | $3,119 |
| Property tax as a share of value | 0.97% | 0.99% | 0.94% |
| Median household income | – | $76,657 | $80,734 |
| Homes lived in by their owners | 100% | 63% | 65% |
| Owner homes with a mortgage | 0% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1955 | 1982 | 1980 |
| Vacant homes | 0.0% | 12.3% | 10.1% |
| Population | 46 | 784,841 | 334,922,499 |
How much equity Spiritwood owners could borrow
Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Spiritwood home of $235,700, 80% is $188,560.
100% of Spiritwood owners have no mortgage at all, so they could borrow up to the full 80% limit.
If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.
| Owe nothing | $188,560 to $200,345 |
|---|---|
| Owe $58,925 | $129,635 to $141,420 |
| Owe $117,850 | $70,710 to $82,495 |
| Owe $153,205 | $35,355 to $47,140 |
Before the lender's own limits, fees and your credit and income checks.
Change the numbers in the calculator
Questions about home equity loans in Spiritwood
What is the median home value in Spiritwood?
About $235,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Spiritwood?
Homeowners pay a median $2,294 a year, which is about 0.97% of the median home value. Your bill depends on your home's assessed value and local rates.
How much can I borrow against my home in Spiritwood?
Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $235,700, an 80% limit is $188,560 before subtracting your mortgage.
More about Spiritwood
- Mortgage Refinance in Spiritwood
- Home Buying in Spiritwood
- Debt Relief in Spiritwood
- 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