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Fessenden

Learn about the people, housing, costs and businesses in Fessenden, North Dakota

Median Home$111,000
Median Rent$638/month
Population433
Leading IndustriesConstruction · Agriculture & Mining · Information & Media11% construction
Family-Friendly25% of residentsslightly above average
Homeowners89% of occupied units
NotableAffordable Market$111k median home · lower cost than 88% of the country
Fessenden
ND

Frequently Asked Questions

What are today's mortgage rates in Fessenden?

As of today, the 30-year fixed mortgage rate for Fessenden is approximately 7.037% (7.081% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Fessenden
What is the median home price in Fessenden?

The median home value in Fessenden is $111k. The median monthly rent is $638. Annual property taxes average $820. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Fessenden?

Based on a typical all-in ownership cost of $566/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fessenden is $80k/year.

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What industries drive the economy in Fessenden?

The largest employment sectors in Fessenden are public administration (25%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.