LaMoure County’s underwriting tension is a $145,426 county median home value alongside recent value decline and incomplete income evidence. Zillow’s 2026-06 observation is down 6.37% year over year. Investors able to validate property-level rents and liquidity should investigate; those relying on a quick resale or published county rent benchmarks should be cautious. This Zillow figure is a value observation, not a closed-sale price. No FHFA annual repeat-transaction HPI is supplied, so an independent appreciation-direction check is unavailable.
Housing economics are unproven, not inexpensive by default. County market asking rent is not published, so gross yield cannot be computed. HUD’s $873 two-bedroom FMR is a payment standard, not an asking-rent estimate, and cannot fill that gap. The effective property-tax rate is 1.01%, a carrying-cost input requiring parcel confirmation. Inland flood is the dominant hazard, and modeled annual climate loss is 0.13% of building value; together they require address-level flood-zone, insurance, deductible and replacement-cost review, rather than conversion into a dollar loss.
At county workplaces in 2025, QCEW reports 1,406 annual average covered jobs, unchanged from the prior annual average, and a $996 average weekly covered wage. Trade, transportation, and utilities is the largest disclosed private supersector, representing 39.11% of private covered employment; it is not the whole county economy or resident employment. Tax-return migration was net negative by 31 households, though incoming movers’ average AGI exceeded that of outgoing movers by a calculated $10,460. Investor purchase mortgages were 3 of 31 total purchases, or 9.68%, indicating participation rather than bid depth, cash terms, or neighborhood concentration.
The supplied 2026-06 inventory period contains no Realtor.com figures for median MLS asking price, active listings, days on market, price-reduced share or pending ratio. These are listing-market evidence—not sale prices or buyer demand proof—but their absence prevents a current read on visible supply, marketing time and seller concessions. The record also lacks market-rent comps, operating statements, sale comps, parcel tax bills, and property-specific flood and insurance terms. Obtain those before testing cash flow, exit-price support, or whether the county-level flood model applies to a target address.