Real Estate Investing in Spiritwood, North Dakota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 153 • Stutsman County

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

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 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
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Spiritwood, ND?

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2.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $246,461
Avg Monthly Rent $783
ZIP Codes 1

Investing in Spiritwood Real Estate

This is a distressed-leaning corner of North Dakota: Spiritwood has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

clearly Spiritwood's aggregate rating of ★★☆☆☆ reflects subdued investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Transaction volume in Spiritwood has thinned in a way that amplifies price discovery risk. Turning to rents, investors without local context should treat every number on the page with skepticism.

A an established population with $N/AK household income profile is what makes Spiritwood a challenging rental market — the tenant base is present, but the affordability math is tight.

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 Spiritwood, ND. Anonymous, moderated, never written by AI.

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Avg Home Value
$246,461
Avg Monthly Rent
$783
1% Rule
✗ Below
Landlord Friendly (ND)

📉 Market Crash Risk Index

Based on Jamestown, ND metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

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☀️ Warm Market — Jamestown, ND metro
0
Days to pending
6.9%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Spiritwood, ND

Screen every ZIP in Spiritwood

Filter Spiritwood’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Spiritwood, ND

How viable is house hacking in Spiritwood, ND?

The house hack math a challenging in Spiritwood, ND. Owner-occupant buyers benefit from the $783/mo rents and $246K home values.

What kind of tenants rent in Spiritwood, ND?

Spiritwood, ND offers a even-keeled renter base at the $783/mo rent level. Tenant turnover is reasonable for well-managed properties.

Is Spiritwood, ND landlord-friendly?

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

Is Spiritwood in ND worth investing in?

Investors tracking Spiritwood, ND will find a 2.0/5 rating supported by $246K median home values and $783/mo rents. That profile suits long-term holders targeting measured returns.

Which real estate strategy fits Spiritwood, ND?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Spiritwood, ND. The numbers - $246K homes against $783/mo rents - support that play.

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