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ND area data

Horace, ND

Horace, ND.

Population: 5,636 (Census ACS)

Home values & appreciation

Median home value
$420,155
1-year appreciation
+2.8%
3-year appreciation
+0.9%
5-year appreciation
+7.3%
10-year appreciation
+39.7%
All-time peak (2022-11)
$439,956
House Price Index
453.0 (+6.4% YoY)

Market activity

1-year forecast
+0.8%
New listings (monthly)
18

Rents

Typical rent
$1,838/mo
1BR fair-market rent
$870/mo
3BR fair-market rent
$1,460/mo

Affordability

Cost of living index (Below Average)
91.5 (100 = US avg)
Electricity rate (state-level)
11.8¢/kWh
Natural gas rate (state-level)
$9.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
iceStorm, strongWind, winterWeather, hail, coldWave

Climate (30-year normals)

Average annual temperature
43.0°F
Average high
53.0°F
Average low
32.0°F
Annual precipitation
24.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
50
Days with Good air quality
180
Days with Unhealthy air quality
2

Amenities

Nearest airport
Ellig Field (4 mi)
Nearest major airport
Hector International Airport (FAR) (15 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
EV charging stations (within 10 mi)
17
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+476 tax filers

Housing stock

Median year housing built
2,006
Median annual property tax
$4,802
Mean commute to work
25 min
Households with broadband internet
91.5%

Employment & development

Total county employment
112,358
Average weekly wage
$1,243
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
720

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents