$4,927 Closing Credit*
$414,900
2,518 SqFt
4 Beds
•2 Full Baths
Listing Office: Better Homes and Gardens Real Estate Advantage One
Is 58078, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 58078 was a Seller's Market.
Key Takeaway
58078 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 58078, ND
How much do homes in 58078, ND cost?
Median Sold Price
$337,821
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,876(+4.0%)
Key Takeaway
Homes in 58078 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 58078 was $337,821 in November 2024, up 4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $302.2K | $125.7K | -58.4% |
| 2 Bedrooms | $243K | $299.9K | +23.4% |
| 3 Bedrooms | $288.9K | $303.2K | +5.0% |
| 4 Bedrooms | $355K | $355.7K | 0.2% |
| 5+ Bedrooms | $550K | $580K | +5.5% |
Summary: 58078 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.4%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in 58078, ND
How many homes are available in 58078, ND?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 407 | 335 | -17.7% |
Summary: The 58078 real estate market had 335 homes for sale in November 2024, a 17.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 29 | 20 | -31.0% |
| 3 Bedrooms | 149 | 125 | -16.1% |
| 4 Bedrooms | 132 | 117 | -11.4% |
| 5+ Bedrooms | 90 | 68 | -24.4% |
Summary: The 58078 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 31%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 24.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 39 | -59.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 58078, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 58078 in November 2024, down by 59.4% month-over-month. Of the 39 sold homes, 44% were sold under asking, 26% were sold at asking, and 31% 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
20 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 58078 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in 58078; 51% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
