The story of this market
The typical home in ZIP 58651 sells for about $196,900, or $73 per square foot.
Homes take about 17 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,070 a month.
ZIP 58651 — Rhame
The housing market in 58651 is characterized by very low transaction volume and limited inventory, typical of a small, rural North Dakota community. Recent sales data shows a single property transaction at $196,900, with no significant price appreciation or depreciation trends reported. The area remains a stable, low-density environment with minimal new development activity.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including local agricultural workers and families comfortable with a remote, small-town environment.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 17 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 5.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 58651, Bowman County, ND
Rhame is reported as having a safety score of 68, consistent with regional trends in rural Bowman County.
The area is served by the Bowman County Public School District 1, which maintains a small, rural school environment.
The local economy is primarily driven by agriculture and energy-related industries typical of southwestern North Dakota.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Dakota) — Homestead Property Tax Credit: Provides a reduction in property tax liability based on income brackets, effectively lowering the tax burden for eligible homeowners. State (North Dakota) — Ad Valorem Property Tax: Tax is calculated by multiplying the taxable value by the total millage rate. Taxable value is 4.5% of the true and full (market) value. Formula: (Market Value * 0.50 * 0.09) * (Mills / 1000) or more simply (Market Value * 0.045) * (Mills / 1000).
The mean commute time for residents is approximately 37.1 minutes, reflecting the rural nature of the region.
Local recreation is centered on rural outdoor activities, with limited commercial shopping and dining options within the immediate 3-mile radius.
The rental market is limited in depth, with Fair Market Rents for a 2-bedroom unit reaching $1,070.
The economy is anchored by agriculture and energy sectors, with limited industrial diversification.
Transportation is primarily via private vehicle; there is no public transit infrastructure.
Bowman County assesses property values for tax purposes.
Parcels are served by the Bowman County Public School District 1.
Data retrieved from Census Bureau and SimpleMaps database.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Public K-6 school serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.