Housing Insights for ZIP Code 58235 (Gilby, ND)

Housing Summary for ZIP Code 58235

Homeowners

The median home value in ZIP Code 58235 (Gilby, ND) is $115,600. Approximately 81.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 6.2%.

The average occupancy of owner-occupied units in ZIP Code 58235 is 2.28 occupants, while owner-occupied units have an aggregate average size of 3.1 bedrooms per housing unit.

Renters

In the 58235 ZIP Code, an estimated 18.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 8.9%.

Among renter-occupied units in this ZIP, the average occupancy is 3.15 occupants, while renters in this Grand Forks County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 58235

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 58235.

ZIP 58235 North Dakota U.S.
Median Home Value $115,600 $289,622 $356,002
Owner-Occupied Housing Units 81.7% 62.4% 64.0%
Homeowner Vacancy Rate 6.2% 1.8% 1.6%
Average Size of Owner-Occupied Unit 2.28 2.48 2.70
Average # of Bedrooms Per Unit 3.1 2.84 2.75
Median Housing Rent $0 $826 $1,062
Renter-Occupied Housing Units 18.3% 37.6% 36.0%
Rental Vacancy Rate 8.9% 9.6% 6.0%
Average Size of Renter-Occupied Unit 3.15 1.99 2.49
Percent of Income Spent on Rent 0% 26.54% 29.83%

Home Values in ZIP Code 58235 (Gilby, ND)

The median home value in ZIP Code 58235 is $115,600. That median value is about 40% lower than the median home value of $193,900 in North Dakota overall, and is 47% lower than the $217,500 the median home value in the entire U.S. An estimated 27.6% of homes in ZIP Code 58235 are valued $50,000 to $99,999. That is 126% higher than in North Dakota, in which 12.2% of homes are valued at $50,000 to $99,999, and is about 130% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 58235 homes fall into is $1,000,000 or more (2.0% of homes).

Home Values in ZIP Code 58235

This chart visualizes the breakdown of home values in ZIP Code 58235, North Dakota, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 58235 vs. home values in both the state of North Dakota and in the U.S. overall.

Home Values in ZIP Code 58235

See the table below for a regional comparison of home values in ZIP Code 58235.

Home Value ZIP 58235 North Dakota U.S.
Less than $50,000 19.1% 9.9% 6.9%
$50,000 to $99,999 27.6% 12.2% 12.0%
$100,000 to $149,999 25.0% 12.6% 13.3%
$150,000 to $199,999 5.3% 17.2% 14.0%
$200,000 to $299,999 11.8% 25.8% 19.6%
$300,000 to $499,999 7.2% 17.0% 19.3%
$500,000 to $999,999 2.0% 4.4% 11.4%
$1,000,000 or more 2.0% 0.8% 3.4%

Home Ages in ZIP Code 58235 (Gilby, ND)

Approximately 24.7% of homes in this Gilby, ND region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 58235 is about 91% higher than percentage of homes built in this time period in North Dakota overall (12.9% of homes), and is 96% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 15.3% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.0% of homes in this Grand Forks County ZIP Code were built in 2010 to 2013 in ZIP Code 58235. In comparison, 7.6% of homes in North Dakota overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 58235

A detailed regional comparison of home ages in ZIP Code 58235.

Year Built ZIP 58235 North Dakota U.S.
2014 or later 0.0% 6.7% 2.5%
2010 to 2013 0.0% 7.6% 2.7%
2000 to 2009 5.1% 11.8% 14.0%
1990 to 1999 10.2% 10.3% 13.9%
1980 to 1989 8.6% 11.3% 13.4%
1970 to 1979 15.3% 17.4% 15.2%
1960 to 1969 13.3% 8.9% 10.6%
1950 to 1959 14.9% 8.7% 10.3%
1940 to 1949 7.8% 4.4% 4.9%
1939 or earlier 24.7% 12.9% 12.6%

Age of Homes in ZIP Code 58235

See the chart below for details on the age of homes in ZIP Code 58235, North Dakota, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 58235

Frequently asked questions about housing in this Gilby, ND ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 58235.

1

What is the average home value ZIP Code 58235?

The median home value in ZIP Code 58235 (Gilby, ND) is $115,600.
2

Are homes expensive in ZIP Code 58235?

The median home value in 58235 ($115,600) is an estimated 40% lower than the aggregate median value of $193,900 in North Dakota, and is 47% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 58235?

The vacacy rate for owner-occupied housing in ZIP Code 58235 is 6.2%. This rate is 244% higher than the overall North Dakota owner-occupied vacancy rate of 1.8%. Additionally, the 58235 vacancy rate is 288% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 58235 have older homes or newer construction?

In ZIP Code 58235, about 24.7% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 15.3% of homes in the region were built in 1970 to 1979. In contrast, 0.0% of homes in 58235 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 58235? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 58235 than renter-occupied housing. Owner-occupied units make up 81.7% of housing, compared to 18.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 58235?

The vacacy rate for rental units in ZIP Code 58235 is 8.9%. This rate is 7% lower than the overall North Dakota vacancy rate of 9.6%. Additionally, the 58235 vacancy rate is 48% higher than the entire U.S. vacancy rate of 6.0%.