58761, Mohall, ND

Mohall, ND is located in the southwestern corner of the state and borders South Dakota to the south. The zip code 58761 has a population of just over 2,000 people and has an average home value of $128,000. Home equity in Mohall is relatively low compared to other areas of the state. In 2016, the median home value in North Dakota was $191,200 while home equity in Mohall was only $86,500. This indicates that many homeowners in Mohall are still struggling to recover from the housing crisis that hit North Dakota during the late 2000s.

Despite this fact, there have been some positive trends for home values in Mohall over recent years. The median home value increased by 5% between 2015 and 2016 and by 10% between 2014 and 2015. Additionally, there has been an increase in demand for homes in Mohall due to its close proximity to major cities such as Sioux Falls and Rapid City. This trend is likely to continue as more people move into the area looking for affordable housing options.