Real Estate Investing in Langdon, North Dakota (58249)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58249 (Langdon, ND)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 25.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Langdon, ND (58249)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 58249 Langdon
ZIP 58249 inside Cavalier County looks affordable on the surface — median value of $175K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $175K asset, 58249 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within ND, ZIP 58249 trails on several market indicators that neighboring Cavalier County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Demographically, 58249 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 58249 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Langdon:
Market Trends
Home Value History (with trend line)
📊 How Does 58249 Compare?
| Metric | 58249 | Langdon | North Dakota |
|---|---|---|---|
| Home Value | $175,464 | $175,464 | $278,677 |
| 5-Year CAGR | 3.2% | 3.2% | 3.7% |
| Avg Rent | $783 | $783 | - |
| Cap Rate | 3.5% | 3.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58249 (Langdon, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $175,464 |
| Monthly Rent | $783 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 58249
Population: 2,363
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 58249
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is Langdon, ND a good place for real estate investing?
Yes - Langdon, ND a 3.0/5 investability score. With $175K home prices against $783/mo monthly rent, the market delivers a reasonable entry point for new investors.
What strategy should investors use in Langdon, ND?
Investors usually favor careful cash-flow rentals with hands-on management in Langdon, ND. With home values at $175K and rents near $783/mo, other strategies can work but produce steady rather than outsized returns.
What is the renter demographic in Langdon, ND?
Langdon, ND offers a even-keeled renter base at the $783/mo rent level. Tenant turnover is reasonable for well-managed properties.
What does house hacking look like in Langdon, ND?
For house hackers, Langdon, ND is a challenging. The $783/mo rent on a unit helps defray the mortgage on a $175K property.
What are vacancy rates like in Langdon, ND?
Vacancy in Langdon, ND is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $783/mo.
You know 58249 now. You don’t know where it ranks.
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