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Kindred, ND 58051 Real Estate Market Report

ZIP Code: 58051
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
180 Days
Total Properties Analyzed
6
Active Listings
0
Sold Properties
6

Market Metrics

Median Listing Price
$0
Median Sold Price
$243,500
Median Price per Sqft
$207/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$600

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.05%

Liquidity & Velocity

Median Days on Market
350
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Kindred, ND market are averaging 6.25%, which reflects the broader 2026 interest rate environment for property owners in this area.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary indicator, median sold price, is 243,500, which establishes recent transaction-based market value and aligns with a price year-over-year trend that is up, suggesting appreciation pressure in realized sales.

  2. Despite the rising price signal, liquidity appears slow: median days on market is 350, which points to neutral market temperature and a slower sales velocity that may indicate pricing friction or longer negotiation cycles.

  3. Pricing structure shows a median price per square foot of 207 alongside a median market rent of 600; with rent year-over-year trend down, rental demand/returns appear softer even as sale prices rise, which may affect investor appetite.

  4. Affordability and finance are headwinds: interest rate pressure is described as elevated and reported mortgage rates average 6.25% in the local market, which may constrain qualified buyer pools and temper transaction growth despite upward price momentum.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

530 Piper St, Kindred, ND 58051
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds
3 baths
3,068 sqft
$615,000
Jan 1, 2026
$200/sqft/sqft
222 days on market
211 Hackberry Ct, Kindred, ND 58051
Market Benchmark

Sold at market average

3 beds
2 baths
2,210 sqft
$441,000
Apr 1, 2026
$200/sqft/sqft
53 days on market
160 Walnut St, Kindred, ND 58051
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
1 baths
1,196 sqft
$270,000
Jan 1, 2026
$226/sqft/sqft
228 days on market
550 Spruce St, Kindred, ND 58051
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,200 sqft
$229,900
Dec 1, 2025
$192/sqft/sqft
238 days on market
40 3rd Ave N, Kindred, ND 58051
Value

Sold below market average

3 beds
1 baths
1,075 sqft
$182,500
Apr 1, 2026
$170/sqft/sqft
106 days on market
40 3rd Ave N, Kindred, ND 58051
Value

Sold below market average

3 beds
1 baths
1,075 sqft
$182,500
Apr 1, 2026
$170/sqft/sqft
106 days on market
102 Evergreen Ln, Kindred, ND 58051
Value

Sold below market average

3 beds
1 baths
1,120 sqft
$163,000
Feb 1, 2026
$146/sqft/sqft
102 Evergreen Ln, Kindred, ND 58051
Value

Sold below market average

3 beds
1 baths
1,120 sqft
$163,000
Feb 1, 2026
$146/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$882/mo
58051 Avg Rent
58051 Cost to Own
Rent$600
Own$1,482

20% down, 6.2% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

58051 Avg nightly rate
58051 Avg occupancy (days/year)
Nightly rate$105/night
Occupancy134 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/28/2026

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