Is Davies, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Davies has remained a Buyer's Market.
Key Takeaway
Davies is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Davies, ND
How much do homes in Davies, ND cost?
Median Sold Price
$412,986
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Davies have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Davies was $412,986 in April 2024, up 11.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $420K | $417K | -0.7% |
| 3 Bedrooms | $328K | $360K | +9.8% |
| 4 Bedrooms | $362.2K | $400K | +10.4% |
| 5+ Bedrooms | $575.1K | $638.8K | +11.1% |
Summary: Davies 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 0.7%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Davies | $370.3K | $412.9K | +11.5% |
| Bennett | $263.5K | $277.5K | +5.3% |
Housing Supply in Davies, ND
How many homes are available in Davies, ND?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 47 | +4.4% |
Summary: The Davies real estate market had 47 homes for sale in April 2024, a 4.4% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 8 | 13 | +62.5% |
Summary: The Davies 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 decreased by 21.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 62.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Davies, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Davies in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Davies, ND
We’re sorry, we don't have information for this market at the moment
