HousingHandbookReference data

U.S. ZIP Code · ND58228

Grand Forks County · Grand Forks, ND-MN

Typical home value

$223,790[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+10.6%
5-year / yr
+1.1%
10-year / yr

Relative price

vs U.S.
-21.2%
vs metro
-7.5%
vs state
-8.1%
ZIP 58228 location in ND
Location of ZIP 58228 in ND

Price history

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

The typical home in 58228 is worth $223,790 — 7.5% below the Grand Forks, ND-MN median. Over the past year, values have risen 10.6%. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$1,690[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
640[3]
Median household income
$70,625[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
1
Elementary
1
Middle
0
High
0
  • EMERADO ELEMENTARY SCHOOL

    Elementary · Grades PK–8 · EMERADO 127

    107 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$1,132
Loan principal$179,032
Down payment$44,758
Total interest paid$228,346

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.

Own : rent ratio
Monthly cost to own$1,460
Monthly rent

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
10th percentile[1]
Rental yield
[2]
Property tax
10th percentile[3]

Frequently asked

How much is a home worth in ZIP code 58228?
The typical home in 58228 is worth $223,790, based on the Zillow Home Value Index.
Are home values rising in 58228?
Home values in 58228 are up 10.6% over the past year, and up 1.1% a year over five years.
What is the property tax rate in 58228?
The effective property tax rate in 58228 is 0.8% — roughly $1,690 a year on a typical home.
Who lives in 58228?
ZIP code 58228 has a population of 640 and a median household income of $70,625.

#Comparable ZIPs

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

  • Fosston, MN

    Typical home
    $219,926
    Gross yield
  • Fertile, MN

    Typical home
    $232,859
    Gross yield
  • Larimore, ND

    Typical home
    $212,738
    Gross yield
  • Northwood, ND

    Typical home
    $234,903
    Gross yield
  • McIntosh, MN

    Typical home
    $208,808
    Gross yield
  • Grand Forks, ND

    Typical home
    $239,199
    Gross yield
    5.5%

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