Is 58075, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 58075 was a Seller's Market.
Key Takeaway
58075 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 58075, ND
How much do homes in 58075, ND cost?
Median Sold Price
$215,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 58075 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 58075 was $215,000 in April 2024, up 10.3% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $118.9K | $90K | -24.3% |
| 3 Bedrooms | $197.5K | $194.7K | -1.4% |
| 4 Bedrooms | $225K | $276K | +22.7% |
| 5+ Bedrooms | $267.5K | $350K | +30.8% |
Summary: 58075 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.3%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 30.8%.
Median Sold Price Compared To Nearby Zip Codes
| 58075 | $195K | $215K | +10.3% |
| 56520 | $163.9K | $150K | -8.5% |
Housing Supply in 58075, ND
How many homes are available in 58075, ND?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 34 | +54.5% |
Summary: The 58075 real estate market had 34 homes for sale in April 2024, a 54.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 6 | 14 | +133.3% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 58075 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 increased by 66.7%, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 58075, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 58075 in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 58075, ND
We’re sorry, we don't have information for this market at the moment
