Minot, ND Real Estate

According to census data in the year 2000 there were 16,485 housing units in Minot. This represents a 9.6% growth from 15,040 in 1990.

Of those housing units, 16,418 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.

Homeownership rate in Minot is about 62.4%. Minot's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Minot were built after 1968.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom14%
Two Bedrooms32.90%
Three Bedrooms33.60%
Four Bedrooms14%
Five Bedrooms or more3.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1967
Median Value of occupied units$80,400
Median Price asked for vacant units$68,900

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1970
Median Monthly Rent asked for vacant units$304

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan5.90%
Simple Mortgage51.30%
Debt Free36.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%