Real Estate Investing in Coleharbor, North Dakota

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2 ZIP codes • Population: 515 • McLean County

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Should you buy in Coleharbor, ND? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 44.1% of homes vacant — above national norms.

What’s happening in Coleharbor, ND?

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2.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $301,092
Avg Monthly Rent $797
ZIP Codes 2

Investing in Coleharbor Real Estate

Coleharbor in North Dakota is one of the markets where the numbers warn before they reward — 2 ZIPs, a sizable population, and a rating that reflects material risk.

Investors considering Coleharbor, ND should understand what the ★★☆☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rent trends and price trends in Coleharbor are both soft, which is the uncomfortable combination that defines distressed-leaning markets in North Dakota.

Coleharbor's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Coleharbor, ND. Anonymous, moderated, never written by AI.

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Avg Home Value
$301,092
Avg Monthly Rent
$797
1% Rule
✗ Below
Landlord Friendly (ND)

ZIP Codes in Coleharbor, ND

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Frequently Asked Questions About Coleharbor, ND

Is Coleharbor, ND a good market for FHA house hackers?

The house hack math a challenging in Coleharbor, ND. Owner-occupant buyers benefit from the $797/mo rents and $301K home values.

Is rental property easy to operate in Coleharbor, ND?

ND law landlord-friendly for landlords, and Coleharbor inherits those rules. Investors should still review local ordinances for rental licensing.

What is the rental occupancy rate in Coleharbor, ND?

Expect elevated vacancy in Coleharbor, ND. Rents at $797/mo are absorbed by the tenant base without meaningful lag.

What do landlords charge for rent in Coleharbor, ND?

The typical rental in Coleharbor, ND commands about $797/mo monthly. That rent profile reliable cash flow against the $301K purchase basis.

How expensive is real estate in Coleharbor, ND?

Homes in Coleharbor, ND typically sell near $301K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.

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