Land Market Insights and Pricing in North Dakota

North Dakota's vast Great Plains landscape encompasses 27.5 million acres of cropland, the third-largest in the nation, with 90% of its land area dedicated to farming. The state's terrain ranges from broad prairies and temperate savanna to striking badlands, offering diverse natural beauty and abundant recreational opportunities. Theodore Roosevelt National Park, drawing over 475,000 visitors annually, showcases the state's rugged charm. North Dakota's agricultural prowess is evident in its #1 rankings for spring wheat, durum wheat, sunflowers, and canola production. For those seeking lakefront property, Burleigh County presents an attractive option with its Missouri River frontage and low 3.1% unemployment rate. Home buyers will find value in Burleigh County's median household price of $314,700, well below the national average, coupled with strong median worker earnings of $50,043. The county's semi-arid landscape of rolling hills and low housing density (27.18 units per square mile) offers space and privacy. North Dakota's income tax structure is notably favorable, with a low starting rate of 1.95% for income over $48,475 and a top rate of just 2.50% for income exceeding $244,825. Property taxes are moderate at 0.99%, ranking 22nd nationally. With its robust agricultural sector and favorable tax climate, North Dakota's economic prospects remain strong, positioning it as an attractive destination for land buyers and homeowners alike.