Appreciation Velocity — North Dakota Cities
Cities of North Dakota ranked by 1Y / 3Y / 5Y home-price appreciation.
Public Record
Top 10 — 1Y appreciation (Countys)
#1 · Adams, ND
+384.6%
#2 · Bottineau, ND
+159.6%
#3 · Mercer, ND
+70.0%
#4 · Rolette, ND
+44.3%
#5 · Ward, ND
+24.2%
#6 · Stutsman, ND
+23.8%
#7 · Dunn, ND
+17.5%
#8 · Burleigh, ND
+17.4%
#9 · Morton, ND
+17.3%
#10 · Hettinger, ND
+16.7%
County ranking — 1Y appreciation (highest first)
| # | County | State | 1Y | 3Y | 5Y | 10Y | Current median |
|---|---|---|---|---|---|---|---|
| 1 | Adams, ND | ND | +384.6% | — | — | — | $169.6K |
| 2 | Bottineau, ND | ND | +159.6% | — | — | — | $799K |
| 3 | Mercer, ND | ND | +70.0% | — | — | — | $312.5K |
| 4 | Rolette, ND | ND | +44.3% | — | — | — | $255K |
| 5 | Ward, ND | ND | +24.2% | — | — | +109.0% | $349.1K |
| 6 | Stutsman, ND | ND | +23.8% | — | — | — | $235.6K |
| 7 | Dunn, ND | ND | +17.5% | — | — | — | $470K |
| 8 | Burleigh, ND | ND | +17.4% | — | — | — | $388.2K |
| 9 | Morton, ND | ND | +17.3% | — | — | — | $342K |
| 10 | Hettinger, ND | ND | +16.7% | — | — | — | $350K |
| 11 | Stark, ND | ND | +8.3% | — | — | — | $345.9K |
| 12 | Grand Forks, ND | ND | -2.1% | — | — | — | $222K |
| 13 | McKenzie, ND | ND | -13.1% | — | — | — | $247.3K |
| 14 | Richland, ND | ND | -15.6% | — | — | — | $231.7K |
| 15 | Williams, ND | ND | -16.2% | — | — | — | $283.2K |
| 16 | Wells, ND | ND | -28.0% | — | — | — | $89K |
| 17 | Pembina, ND | ND | -42.4% | — | — | — | $87.9K |
| 18 | Ramsey, ND | ND | -47.3% | — | — | — | $102.5K |
| 19 | Foster, ND | ND | -56.0% | — | — | — | $122K |
| 20 | Cass, ND | ND | -64.1% | — | — | — | $702.7K |
How to read these numbers
Velocity vs. level
A market with 25% one-year appreciation is moving fast — but a market with steady 6% over ten years has compounded much further. Use 10Y as the long-run signal, 1Y as the momentum signal.
Mean-reversion risk
Markets that posted huge 1Y and 3Y gains often cool over the next cycle. Compare 1Y to 5Y: if 1Y is far above 5Y, the trend is accelerating; if far below, it is decelerating — often the more important signal.
Sample sanity
We require a minimum current median price (default $50K) to filter out tiny ZIPs with noisy data. Raise that threshold for serious investment markets; lower it to find emerging niches. Source: public record.