Is 58078, 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, 58078 was a Neutral Market.
Housing Prices in 58078, ND
How much do homes in 58078, ND cost?
Median Sold Price
$325,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 58078 was $325,000 in April 2024, up 2.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147.5K | $130K | -11.9% |
2 Bedrooms | $266K | $245K | -7.9% |
3 Bedrooms | $260.3K | $290K | +11.4% |
4 Bedrooms | $348.1K | $351K | +0.8% |
5+ Bedrooms | $532.1K | $579.9K | +9.0% |
Summary: 58078 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.9%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 9%.
Housing Supply in 58078, ND
How many homes are available in 58078, ND?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
213 | 253 | +18.8% |
Summary: The 58078 real estate market had 253 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 23 | +15.0% |
3 Bedrooms | 66 | 82 | +24.2% |
4 Bedrooms | 86 | 101 | +17.4% |
5+ Bedrooms | 40 | 46 | +15.0% |
Summary: The 58078 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 15%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 46 | +21.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in 58078 in April 2024, up by 21.1% month-over-month. Of the 46 sold homes, 41% were sold under asking, 30% were sold at asking, and 28% were sold over asking.
Days on Market for 58078, ND
How long does it take to sell a home in 58078, ND?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 46 homes were sold in 58078; 0% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.