Is 58072, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 58072 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 58072 was a Buyer's Market.

Key Takeaway

58072 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 58072, ND

How much do homes in 58072, ND cost?

Median Sold Price

$189,900

$91/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$100(-0.1%)

Key Takeaway

The sold price of homes in 58072 has remained the same since last year.

Summary: The median home sold price in 58072 was $189,900 in April 2024, down 0.1% from last year, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $25K$50K
+100.0%
2 $129.9K$91K
-29.9%
3 $179K$210K
+17.3%
4 $287.4K$256.2K
-10.9%
5+ $267K$320K
+19.9%

Summary: 58072 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 29.9%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 19.9%.

Housing Supply in 58072, ND

How many homes are available in 58072, ND?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1514-6.7%

Summary: The 58072 real estate market had 14 homes for sale in April 2024, a 6.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 66
0.0%
4 10
-100.0%
5+ 44
0.0%

Summary: The 58072 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 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 58072, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 58072 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 58072, 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 20 Days Ago

Newest Listings in 58072, ND

Nearby Markets to 58072, ND