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Fort Ransom

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

Median Home$283,800
Median Rent$1,056/month
Population100
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services22% healthcare
Home Value Growth⬆⬆⬆+61.3% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners91% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHighly Educated27% bachelor's · 23% graduate · top 14% nationally
Fort Ransom
ND

Frequently Asked Questions

What are today's mortgage rates in Fort Ransom?

As of today, the 30-year fixed mortgage rate for Fort Ransom is approximately 6.856% (6.891% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Fort Ransom?

The median home value in Fort Ransom is $284k. The median monthly rent is $1,056. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fort Ransom?

Home values in Fort Ransom have increased 61.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $957/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fort Ransom is $103k/year.

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What industries drive the economy in Fort Ransom?

The largest employment sectors in Fort Ransom are healthcare (22%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.