County

Pierce County

North Dakota · 3,838 residents (2025 est.)

FHFA annual index 1996–2024Developmental county indexPermits through August 2026

Pierce County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Pierce County, North Dakota, starts in 1996 and stood at 328 in 2024, +227.9% above its base of 100. FHFA's most recent value for this area is for 2024, so every span here ends in 2024.

Over the ten years to 2024 the index rose +56.3% (+4.6% a year), above North Dakota at +44.0% and well below the national +87.9%. The latest one-year change is —.

Builders were authorised for 1 housing units in the county in the 12 months to August 2026 (0.0% on the previous 12 months), 0.3 units per 1,000 residents; 100% were single-family houses. Since 1995 the county has authorised 119 units, most in 2017.

—1 year, 2023–2024North Dakota +4.2%

+55.3%5 yearsUS +47.2%

+56.3%10 years+4.6% a year annualised

—since 2000US +151.2%

1units permitted, 12 months0.3 per 1,000 residents

Same span, four levels

Change in the FHFA index	Pierce County	Metro area	North Dakota	United States
1 year (2023–2024)	—	—	+4.2%	+4.9%
5 years (2019–2024)	+55.3%	—	+28.5%	+47.2%
10 years (2014–2024)	+56.3%	—	+44.0%	+87.9%
20 years (2004–2024)	+173.3%	—	+132.3%	+95.7%
Since 2000	—	—	+177.3%	+151.2%
Since 1996	+227.9%	—	+209.8%	+205.8%
10-year annualised	+4.6%	—	+3.7%	+6.5%
20-year annualised	+5.2%	—	+4.3%	+3.4%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

Decade	Change		United States
2010s (2010–2020)	+40.4%		+35.5%
2020s so far (2020–2024)	+53.1%		+42.9%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1996 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1996 are not shown.

Peak-to-low declines

Peak	Low	Decline	Peak regained
2013	2016	−6.5%	2017
2017	2019	−5.8%	2021

Building permits

Housing units authorised by building permits in Pierce County, by month over the latest five years and by year since 1995.

Housing units authorised in Pierce County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Pierce County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Pierce County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026	Pierce County	North Dakota	United States
Housing units authorised	1	2,139	1,418,086
Units per 1,000 residents	0.3	2.7	4.1
Single-family share	100%	71%	63%
Change on previous 12 months	0.0%	−14.9%	−0.1%
Units authorised since 1995	119	127,419	43,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Pierce County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2024, its spans end in that year.

ZIP	1 year	10 years	Since 2000	Index through	Years
58368	—	+57.6%	—	2024	27

Questions and answers

How much have home values in Pierce County risen over 10 years?

The FHFA index for Pierce County rose +56.3% from 2014 to 2024, about +4.6% a year. Over 20 years: +173.3%; since 2000: —.

How does Pierce County compare with North Dakota and the United States?

Over the ten years to 2024: Pierce County +56.3%, North Dakota +44.0%, United States +87.9%.

What happened to Pierce County prices in 2008?

The county index shows no decline of 5% or more from a 2005–2008 peak. The North Dakota index fell — over —–—.

How many homes are being built in Pierce County?

1 housing units were authorised by building permits in the 12 months to August 2026 (1 single-family, 0 in buildings of five or more units), or 0.3 per 1,000 residents against 2.7 for North Dakota.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2024. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1996–2024; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.