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Reiles Acres

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

Median Home$372,900
Median Rent$1,703/month
Population740
Leading IndustriesHealthcare · Transportation · Education16% healthcare
Home Value Growth+5.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners94% of occupied units
NotableHigh Incomes$142k/year · top 5% nationally
Reiles Acres
ND

Frequently Asked Questions

What are today's mortgage rates in Reiles Acres?

As of today, the 30-year fixed mortgage rate for Reiles Acres is approximately 6.941% (6.979% 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 Reiles Acres?

The median home value in Reiles Acres is $373k. The median monthly rent is $1,703. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reiles Acres?

Home values in Reiles Acres have increased 5.3% over the past two years. This represents moderate growth. 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 Reiles Acres?

Based on a typical all-in ownership cost of $1,698/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reiles Acres is $142k/year.

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What industries drive the economy in Reiles Acres?

The largest employment sectors in Reiles Acres are healthcare (16%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.