Is 58104, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 58104 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 58104 was a Neutral Market.

Key Takeaway

58104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 58104, ND

How much do homes in 58104, ND cost?

Median Sold Price

$360,750

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$9,422(+2.7%)

Key Takeaway

Homes in 58104 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 58104 was $360,750 in April 2024, up 2.7% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $141.2K-
N/A
2 $338.3K$342K
+1.1%
3 $305K$283K
-7.2%
4 $369K$387K
+4.9%
5+ $525K$554.9K
+5.7%

Summary: 58104 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 increased by 1.1%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

58103
+7.1%
56560
+6.3%
58104
+2.7%
58078
+2.1%
58047
-5.3%

Housing Supply in 58104, ND

How many homes are available in 58104, ND?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
257290+12.8%

Summary: The 58104 real estate market had 290 homes for sale in April 2024, a 12.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 96104
+8.3%
4 96107
+11.5%
5+ 5368
+28.3%

Summary: The 58104 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 decreased by 8.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 28.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3654+50.0%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 58104, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in 58104 in April 2024, up by 50.0% month-over-month. Of the 54 sold homes, 46% were sold under asking, 33% were sold at asking, and 20% were sold over asking.

Days on Market for 58104, ND

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 58104 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 54 homes were sold in 58104; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

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