58631 — Mercer County, North Dakota Market Snapshot
Housing market data for zip code 58631 in Mercer County, North Dakota. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Mercer County county page for broader data.
Market Sales Data
1 sales in 2026 (year to date)
Median Sale Price
$159,900
Days to Sell
6
Homes Sold
1
Inventory
11
Conforming Loan Available
Most homebuyers in 58631 can comfortably use conventional financing. The median home price of $159,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
58631 is an extremely competitive market with homes selling in just 6 days on average. Buyers need pre-approval letters ready before making offers.
Conforming Loan Feasibility
Most homebuyers in 58631 can comfortably use conventional financing. The median home price of $159,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 58631 are set at the county level.
2026 Loan Limits — Mercer County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 58631
To purchase the median home at $159,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,375.
Monthly Payment
$1,375
Income Required
$58,933
Principal & Interest
$985/mo
Down Payment (5%)
$7,995
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 58631.
Estimated Monthly Payment
$1,140
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