Is Ransom County, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ransom County is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Ransom County was a Seller's Market.

Key Takeaway

Ransom County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ransom County, ND

How much do homes in Ransom County, ND cost?

Median Sold Price

$170,000

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,000(+19.7%)

Key Takeaway

Homes in Ransom County have sold for 19.7% more than they did a year ago.

Summary: The median home sold price in Ransom County was $170,000 in April 2024, up 19.7% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $84.5K$74K
-12.4%
3 $126K$175K
+38.9%
4 $203.5K$180K
-11.5%
5+ $247K$330K
+33.6%

Summary: Ransom County 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 12.4%, 3 bedroom homes increased by 38.9%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 33.6%.

Median Sold Price Compared To Nearby Counties

Ransom County
+19.7%
Richland County
+5.9%

Housing Supply in Ransom County, ND

How many homes are available in Ransom County, ND?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1721+23.5%

Summary: The Ransom County real estate market had 21 homes for sale in April 2024, a 23.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 23
+50.0%
3 99
0.0%
4 67
+16.7%
5+ 01
+100.0%

Summary: The Ransom County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Ransom County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ransom County in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ransom County, 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 1 Day Ago

Newest Listings in Ransom County, ND

Nearby Markets to Ransom County, ND

What housing markets are near Ransom County, ND?