Horace, North Dakota.
Typical home $416,245 (+3.7% in a year), asking rent $1,895 . Fargo, ND-MN metro.
to buy the typical home at today's mortgage rate — +$920 (+73%) since Jan 2020.
- 1 year
- Up $14,707 +4%
- $401,538$416,245 since Sep 2025
- 5 years
- Up $22,710 +6%
- $393,534$416,245 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Horace$2,185
- North Dakota$1,526
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 62 years.
Typical home values in Horace, ND rose 3.7% over the past year — faster than the nation's +1.2%.
Living in Horace, Cass County, North Dakota
Horace is a city of 3,085 people in Cass County. Half its households earn more than $138,578 a year and half less, against $75,555 across Cass County; 4% of its people live below the poverty line. 94% of its homes are lived in by their owners and 6% are rented. Unemployment in Cass County was 2.0% in August 2026, and the county had 0.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Horace is a small city in Cass County, North Dakota, and a young one by the standards of most places: its residents are younger than the typical American. Household incomes run well above the county's, very few people live below the poverty line, and nearly all homes are lived in by their owners rather than rented. A good many adults hold a four-year degree.
Work. Residents work mostly in schools, hospitals and social care, in the building trades, in banks, insurance and property, and in shops. Across Cass County, some of the largest workplaces are Sanford Medical Center - Fargo, North Dakota State University and Fargo 1 Schools. Unemployment in the county is low, and the number of jobs there has grown slightly over the past year.
Things to do. A short drive away are the Wild Rice River for time by the water, the Red River Zoo, the Plains Art Museum and the Bluestem Amphitheater, an outdoor theatre. Winters are cold and the town sees real snow, while July brings warm days, and the year's rain and melted snow adds up to a fairly modest amount.
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- 1,650households
- 45%of adults have a degree
- 4%below the poverty line
- 10%work from home
What residents work in
Employed residents by industry, from the Census survey. Cass County had 128,690 jobs in 2025, 0.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 17° and lows near -2°; warmest in July, with highs near 82° and lows near 60°. About 24 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Fargo 3S weather station, 7 miles away (NOAA).
Largest workplaces in Cass County
- Sanford Medical Center - FargoGeneral hospital6,178FTE
- North Dakota State UniversityUniversity or college2,532
- Fargo 1 SchoolsSchool district1,947FTE
- West Fargo 6 SchoolsSchool district1,944FTE
- Innovis HealthGeneral hospital1,858FTE
- Veterans Health AdministrationFederal government · Department of Veterans Affairs1,204
- ND,Fargo-South University Hospital-General Medical And Surgical HospitalsGeneral medical and surgical hospitals1,076
- Marvin Windows and Doors - FargoWood window and door manufacturing914
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 307 workplaces with 20 or more staff, 42,157 people in all across the county; Horace has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24), school districts from the Common Core of Data (NCES, 2023–24) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Strong windRelatively high
- HailRelatively moderate
- Ice stormsRelatively moderate
- Cold wavesRelatively moderate
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Horace’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cass County and the Fargo, ND-MN metro.
Horace home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Horace$416,245
- North Dakota$290,657
- United States$366,157
Sellers are cutting prices on about 1 in 4 Horace listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Horace23.57%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Horace71
New listings per month
Sellers arriving at the market.
- Horace16
Zip codes with a Horace address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Horace — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.