Is Traill County, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Traill County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Traill County was a Seller's Market.

Key Takeaway

Traill County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Traill County, ND

How much do homes in Traill County, ND cost?

Median Sold Price

$245,000

$113/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$9,750(-3.8%)

Key Takeaway

Homes in Traill County have sold for 3.8% less than they did a month ago.

Summary: The median home sold price in Traill County was $245,000 in May 2024, down 3.8% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $160K$302K
+88.8%
3 $355K-
N/A
4 $249.5K$188K
-24.6%
5+ --
N/A

Summary: Traill County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 88.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 24.6%, and 5+ bedroom homes did not change.

Housing Supply in Traill County, ND

How many homes are available in Traill County, ND?

Number of Homes For Sale

Apr 2024May 2024CHANGE
39390.0%

Summary: The Traill County real estate market had 39 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 02
+100.0%
2 66
0.0%
3 1414
0.0%
4 1513
-13.3%
5+ 44
0.0%

Summary: The Traill County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Traill County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Traill County in May 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Traill County, ND

How long does it take to sell a home in Traill County, ND?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Traill County has remained consistent over time.

Summary: During May 2024, 4 homes were sold in Traill County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Traill County, ND

Nearby Markets to Traill County, ND

What housing markets are near Traill County, ND?