Is 58012, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 58012 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 58012 has remained a Seller's Market.

Key Takeaway

58012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 58012, ND

How much do homes in 58012, ND cost?

Median Sold Price

$419,500

$111/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$257,672(+159.2%)

Key Takeaway

Homes in 58012 have sold for 159.2% more than they did a month ago.

Summary: The median home sold price in 58012 was $419,500 in April 2024, up 159.2% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $160.6K-
N/A
3 $163K-
N/A
4 -$419.5K
N/A
5+ --
N/A

Summary: 58012 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

58012
+159.2%
58042
-4.3%

Housing Supply in 58012, ND

How many homes are available in 58012, ND?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1110-9.1%

Summary: The 58012 real estate market had 10 homes for sale in April 2024, a 9.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 30
-100.0%
3 22
0.0%
4 25
+150.0%
5+ 43
-25.0%

Summary: The 58012 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 58012, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 58012 in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 58012, ND

We’re sorry, we don't have information for this market at the moment

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

Report Updated 2 Days Ago

Newest Listings in 58012, ND

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