58558, Menoken, ND

The 58558 zip code of Menoken, ND is located in the southwestern corner of the state and includes a small portion of the city of Fargo. The population of Menoken was 5,811 as of the 2010 census, making it one of the smaller zip codes in North Dakota. Home prices in Menoken averaged $127,000 during the first quarter of 2018 according to Zillow. This is significantly higher than both the statewide average ($106,500) and national average ($130,800).

One reason for this high home value is likely due to its location in a desirable area. The 58558 zip code includes parts of both Fargo and Moorhead which are among the most populous cities in North Dakota and Minnesota respectively. Both cities have strong economies with plenty of jobs available, as well as many amenities that attract people to live there. Additionally, Menoken is close to several natural attractions such as Devils Lake State Park and Lake Sakakawea.

Despite these factors contributing to high home values in Menoken, there are some risks associated with buying a home there. One is that interest rates may be higher than elsewhere due to the tight housing market conditions nationwide. Another potential issue is that prices can go down quickly if there are any major changes in local economic conditions or if there are any natural disasters affecting the area.