How much is a home worth in ZIP code 58201?

The typical home in 58201 is worth $320,814, based on the Zillow Home Value Index.

Are home values rising in 58201?

Home values in 58201 are up 7.4% over the past year, and up 4.7% a year over five years.

What is the typical rent in 58201?

A typical home in 58201 rents for about $1,200 a month, a gross rental yield of 4.5%.

What is the property tax rate in 58201?

The effective property tax rate in 58201 is 1.2% — roughly $3,752 a year on a typical home.

ZIP code 58201 has a population of 42,373 and a median household income of $68,143.

HousingHandbookReference data

…

U.S. ZIP Code · ND58201

Grand Forks County · Grand Forks, ND-MN

Typical home value

$320,814^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +7.4%
5-year / yr: +4.7%
10-year / yr: +2.9%

Relative price

vs U.S.: +12.9%
vs metro: +32.6%
vs state: +31.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 58201 is worth $320,814 — 32.6% above the Grand Forks, ND-MN median. Over the past year, values have risen 7.4%. Homes here rent for a typical $1,200 a month — a 4.5% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,200^[2]
Gross yield: 4.5%^[2]
Cap rate: 2.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.2%^[3]
Typical annual tax: $3,752^[3]

#Climate risk

FEMA National Risk Index ratings for Grand Forks County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Very Low
Heat wave: Very Low
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Very Low
Winter weather: Very High

#Who lives here

Population: 42,373^[3]
Median household income: $68,143^[3]

#Migration

Household moves in and out of Grand Forks County over a year, from IRS tax-return data.

Net migration: -157^[5]
Moved in: 2,412
Moved out: 2,569

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 7
Middle: 2
High: 1

RED RIVER HIGH SCHOOL
High · Grades 9–12 · GRAND FORKS 1
1,171 students
DISCOVERY ELEMENTARY SCHOOL
Elementary · Grades PK–5 · GRAND FORKS 1
571 students
SCHROEDER MIDDLE SCHOOL
Middle · Grades 6–8 · GRAND FORKS 1
562 students
SOUTH MIDDLE SCHOOL
Middle · Grades 6–8 · GRAND FORKS 1
552 students
J NELSON KELLY ELEMENTARY SCHOOL
Elementary · Grades PK–5 · GRAND FORKS 1
494 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.5%

Net yield (after ~40% expenses)2.7%

Annual rent$14,395

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,622

Loan principal$256,651

Down payment$64,163

Total interest paid$327,344

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.84

Monthly cost to own$2,202

Monthly rent$1,200

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 48th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 100th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 58201?: The typical home in 58201 is worth $320,814, based on the Zillow Home Value Index.
Are home values rising in 58201?: Home values in 58201 are up 7.4% over the past year, and up 4.7% a year over five years.
What is the typical rent in 58201?: A typical home in 58201 rents for about $1,200 a month, a gross rental yield of 4.5%.
What is the property tax rate in 58201?: The effective property tax rate in 58201 is 1.2% — roughly $3,752 a year on a typical home.
Who lives in 58201?: ZIP code 58201 has a population of 42,373 and a median household income of $68,143.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

56736 vs 58201 →
Mentor, MN
Typical home
$330,987
Gross yield
—
56535 vs 58201 →
Erskine, MN
Typical home
$295,210
Gross yield
—
56684
Trail, MN
Typical home
$287,935
Gross yield
—
56721
East Grand Forks, MN
Typical home
$286,992
Gross yield
—
56646
Gully, MN
Typical home
$282,124
Gross yield
—
56723
Fisher, MN
Typical home
$271,999
Gross yield
—

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#Jump to section

U.S. ZIP Code · ND58201

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