Total monthly cost of ownership
Cost to Own a Home in Casselton, North Dakota
A $298,000 home here costs
$2,346per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,532. The real number is $814 higher every month — 53% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Casselton against Cass County and North Dakota
| Measure | Casselton | Cass County |
|---|---|---|
| Median home value | $297,500 | $284,700 |
| Median property tax | $2,967 | $3,449 |
| Effective tax rate | 0.997% | 1.211% |
| Median gross rent | $764 | $930 |
| Population | 2,640 | 189,286 |
The weather behind that power bill
Casselton sits in Cass County, which averages a high of 80.8°F in its hottest month and a low of -1.4°F in its coldest, with 24.2" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 449 cooling and 9,115 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Cass County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cass County
Full Cass County cost breakdown · Every county in North Dakota
Common questions
How much does it cost to own a home in Casselton?
A $298,000 home in Casselton, North Dakota costs approximately $2,346 per month with 20% down at 6.66%. That is $1,532 principal and interest, $248 property tax, $128 homeowners insurance, $190 utilities and $248 set aside for maintenance.
What is the property tax rate in Casselton?
Casselton has an effective property tax rate of 0.997%, based on a median home value of $297,500 and median real estate taxes of $2,967. That is lower than the Cass County average of 1.211%.
What is the average home price in Casselton?
The median owner-occupied home value in Casselton, North Dakota is $297,500, against $284,700 across Cass County.
Is it cheaper to rent or buy in Casselton?
Median gross rent in Casselton is $764 a month, against $2,346 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Casselton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Dakota.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.