Is 58102, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 58102 was a Seller's Market.
Housing Prices in 58102, ND
How much do homes in 58102, ND cost?
Median Sold Price
$237,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 58102 was $237,500 in March 2024, up 4.6% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $209K | +90.0% |
2 Bedrooms | $166.5K | $155K | -6.9% |
3 Bedrooms | $227.2K | $230K | +1.2% |
4 Bedrooms | $247.5K | $300K | +21.2% |
5+ Bedrooms | $345K | $330K | -4.3% |
Summary: 58102 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 4.3%.
Housing Supply in 58102, ND
How many homes are available in 58102, ND?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 77 | -6.1% |
Summary: The 58102 real estate market had 77 homes for sale in March 2024, a 6.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 24 | 18 | -25.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 23 | 18 | -21.7% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The 58102 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 58102 in March 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 58102, ND
How long does it take to sell a home in 58102, ND?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 81 Days | +99.0% |
Summary: Homes in 58102 had an average of 81 days on market in Mar 2024, up by 99% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 58102; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.