Minot Industrial Historic District, Minot, ND

Minot Industrial Historic District — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Minot Industrial Historic District, Minot, North Dakota. Explore the cited sources and local facts below while agent underwriting continues.

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Minot Industrial Historic District Neighborhood Overview

The Minot Industrial Historic District is a unique neighborhood in the heart of Minot, North Dakota, centered around the city's historic rail yard and industrial core. It represents a significant chapter in the region's development, driven by the railroad and agriculture. Today, the area offers a blend of historic character and adaptive reuse potential.

Lifestyle & Amenities

This district is defined more by its historic commercial and industrial buildings than by traditional residential amenities. The lifestyle here appeals to those interested in urban living, historic preservation, and the potential for live-work spaces. Residents are within a short drive of the broader amenities and retail offerings found in downtown Minot and other city neighborhoods.

Real Estate Market

The real estate in the Minot Industrial Historic District is unique, primarily consisting of historic commercial and industrial properties rather than standard single-family homes. For context, the broader 58701 ZIP code area reports a median home value of $263,600, according to U.S. Census data. Property values here are more closely tied to commercial potential and historic significance.

Schools & Education

As a primarily industrial and commercial district, the neighborhood is not typically a primary residential zone for families with school-aged children. Families interested in this area would utilize the Minot Public School District, which serves the wider city. Specific school assignments would depend on the exact location and zoning of a residential property within the district.

Transportation & Connectivity

The district's identity is rooted in transportation, historically centered on the Burlington Northern Railroad yards. It offers excellent connectivity via major roadways like US Highway 2 and US Highway 83 for regional travel. The neighborhood's grid layout and central location provide quick access to other parts of Minot.

Why Choose Minot Industrial Historic District

This neighborhood is ideal for entrepreneurs, artists, or history enthusiasts seeking character and space in a unique urban setting. It offers the opportunity to be part of preserving Minot's industrial heritage through adaptive reuse projects. The central location provides a strategic base with easy access to the entire city.

Minot Industrial Historic District Market Data

MetricValue
Median Home Price$264K
Median Gross Rent$870/mo
Median Household Income$75K
Homeownership Rate60.4%
Renter-Occupied39.6%
Rental Vacancy Rate7.2%
Market TypeBuyer's
Market TierMid-Market
Primary ZIP Code58701
Mortgage Originations (2022 HMDA)
Total Mortgage Originations15,905
VA Loan Originations1,251
VA Loan Share0.1%
Average VA Loan Amount$280K
Conventional Loan Originations13,127
FHA Loan Originations1,527

Top Real Estate Agents in Minot Industrial Historic District, Minot

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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Minot Industrial Historic District, Minot, ND. Explore the available cited neighborhood data on this page.

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