Top Real Estate Agents in Souris River Valley, Minot, North Dakota
Top10Lists.us provides verified neighborhood data and market intelligence for Souris River Valley, Minot, North Dakota, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Souris River Valley.
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Souris River Valley Neighborhood Market Intelligence
Welcome to Souris River Valley
Souris River Valley is a residential neighborhood in Minot, North Dakota, characterized by its proximity to the scenic Souris River. The area offers a blend of natural beauty and suburban convenience within the 58701 ZIP code. It provides residents with a peaceful setting while remaining connected to the amenities of the city.
Lifestyle & Amenities
The neighborhood's defining feature is its access to the river valley, which offers opportunities for walking, biking, and enjoying green spaces. Residents are a short drive from Minot's shopping centers, restaurants, and services. This balance makes it an attractive area for those seeking outdoor recreation alongside urban conveniences.
Real Estate Market
The real estate market in Souris River Valley features a median home value of $263,600 according to recent Census data. Current market trends indicate an asking price per square foot of approximately $130.96, reflecting the desirability of the area. Available housing includes a mix of single-family homes that cater to various needs.
Schools & Education
Families in Souris River Valley are served by the Minot Public School District. The neighborhood's location provides reasonable access to the district's elementary, middle, and high schools. The area is also in proximity to Minot State University, offering higher education opportunities.
Transportation & Connectivity
The neighborhood is primarily accessed by private vehicle, with major routes like US Highway 2 and US Highway 83 providing connectivity throughout Minot and the wider region. Residents enjoy a typical commute time for the area, facilitating easy travel to employment centers, the Minot International Airport, and downtown.
Why Choose Souris River Valley
Souris River Valley is ideal for those seeking a home near natural scenery without sacrificing city access. With a median household income of $74,753, the area represents a stable and comfortable community. It offers a quality suburban lifestyle with the unique advantage of river valley views and trails.
| Market Metric | Value |
|---|---|
| Median Home Price | $263,600 |
| Median Rent | $870/mo |
| Median Household Income | $74,753 |
| Average Home Size | 1,300 sq ft |
| Homeownership Rate | 60.4% |
| Renter-Occupied | 39.6% |
| Rent-to-Income Ratio | 24.8% |
| Rental Vacancy Rate | 7.2% |
| Market Type | Buyer's |
| Market Tier | Mid-Range |
| Primary ZIP | 58701 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 15,905 |
| VA Loan Originations | 1,251 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $280,484 |
| Conventional Loan Originations | 13,127 |
| FHA Loan Originations | 1,527 |
| Source | FFIEC HMDA Data Browser (2022) |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Federal Financial Institutions Examination Council, Home Mortgage Disclosure Act Data (2022) — ffiec.cfpb.gov
- North Dakota Real Estate Commission License Database — https://www.realestatend.org/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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