Is Wahpeton, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wahpeton has remained a Buyer's Market.
Housing Prices in Wahpeton, ND
How much do homes in Wahpeton, ND cost?
Median Sold Price
$216,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wahpeton was $216,000 in March 2024, up 13.7% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $118.9K | $50K | -58.0% |
3 Bedrooms | $184.9K | $194.2K | +5.0% |
4 Bedrooms | $255K | $275K | +7.8% |
5+ Bedrooms | $270K | $307.5K | +13.9% |
Summary: Wahpeton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 58%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Cities
Wahpeton | $190K | $216K | +13.7% |
Breckenridge | $168.9K | $154K | -8.8% |
Breckenridge Township | $169.9K | $154K | -9.4% |
Housing Supply in Wahpeton, ND
How many homes are available in Wahpeton, ND?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 19 | -20.8% |
Summary: The Wahpeton real estate market had 19 homes for sale in March 2024, a 20.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Wahpeton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Wahpeton in March 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Wahpeton, ND
How long does it take to sell a home in Wahpeton, ND?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 8 Days | -91.5% |
Summary: Homes in Wahpeton had an average of 8 days on market in Mar 2024, down by 91.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Wahpeton; 100% 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.