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Souris

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

Median Home$273,800
Median Rent$657/month
Population38
Leading IndustryRetail21% of local workforce
Home Value Growth+1.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners94% of occupied units
NotableHigh Incomes$108k/year · top 13% nationally
Souris
ND

Frequently Asked Questions

What are today's mortgage rates in Souris?

As of today, the 30-year fixed mortgage rate for Souris is approximately 7.045% (7.086% 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 Souris?

The median home value in Souris is $274k. The median monthly rent is $657. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Souris?

Home values in Souris have increased 1.3% over the past two years. The market has been relatively stable. 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 Souris?

Based on a typical all-in ownership cost of $790/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Souris is $108k/year.

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What industries drive the economy in Souris?

The largest employment sectors in Souris are retail (21%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.