Is Cass County, 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, Cass County was a Seller's Market.
Key Takeaway
Cass County 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 Cass County, ND
How much do homes in Cass County, ND cost?
Median Sold Price
$305,035
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cass County have sold for 3% more than they did a year ago.
Summary: The median home sold price in Cass County was $305,035 in March 2024, up 3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $199K | +42.1% |
| 2 Bedrooms | $175K | $184.9K | +5.7% |
| 3 Bedrooms | $255.6K | $272K | +6.4% |
| 4 Bedrooms | $344.4K | $350.1K | +1.6% |
| 5+ Bedrooms | $509.9K | $540K | +5.9% |
Summary: Cass County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.1%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Counties
| Norman County | $119.5K | $159K | +33.1% |
| Richland County | $190K | $214.9K | +13.1% |
| Clay County | $245K | $264.4K | +7.9% |
| Cass County | $296.1K | $305K | +3.0% |
| Traill County | $201K | $207K | +3.0% |
Housing Supply in Cass County, ND
How many homes are available in Cass County, ND?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 723 | 706 | -2.4% |
Summary: The Cass County real estate market had 706 homes for sale in March 2024, a 2.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 13 | +30.0% |
| 2 Bedrooms | 93 | 83 | -10.8% |
| 3 Bedrooms | 239 | 225 | -5.9% |
| 4 Bedrooms | 264 | 260 | -1.5% |
| 5+ Bedrooms | 117 | 125 | +6.8% |
Summary: The Cass County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 6.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 103 | 101 | -1.9% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cass County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 101 homes were sold or pending in Cass County in March 2024, down by 1.9% month-over-month. Of the 101 sold homes, 46% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Cass County, ND
How long does it take to sell a home in Cass County, ND?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 64 Days | 65 Days | +1.7% |
Summary: Homes in Cass County had an average of 65 days on market in Mar 2024, up by 1.7% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cass County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 101 homes were sold in Cass County; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
