Is Wahpeton, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wahpeton was a Seller's Market.
Housing Prices in Wahpeton, ND
How much do homes in Wahpeton, ND cost?
Median Sold Price
$218,500
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wahpeton was $218,500 in May 2024, up 4% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $172.4K | $60K | -65.2% |
3 Bedrooms | $205K | $210K | +2.4% |
4 Bedrooms | $239K | $266.2K | +11.4% |
5+ Bedrooms | $265K | $350K | +32.1% |
Summary: Wahpeton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 65.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 32.1%.
Median Sold Price Compared To Nearby Cities
Wahpeton | $210K | $218.5K | +4.0% |
Breckenridge | $163.9K | $154K | -6.1% |
Breckenridge Township | $168.9K | $154K | -8.8% |
Housing Supply in Wahpeton, ND
How many homes are available in Wahpeton, ND?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 66 | +4.8% |
Summary: The Wahpeton real estate market had 66 homes for sale in May 2024, a 4.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 28 | 30 | +7.1% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Wahpeton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Wahpeton in May 2024, down by 33.3% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% 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?
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Wahpeton; 38% 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.