$1,424 Closing Credit*
$119,900
1,020 SqFt
2 Beds
•1 Bath
Listing Office: Park Co., REALTORS®
Is 58103, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 58103 has remained a Seller's Market.
Key Takeaway
58103 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 58103, ND
How much do homes in 58103, ND cost?
Median Sold Price
$245,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,144(+4.3%)
Key Takeaway
Homes in 58103 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 58103 was $245,000 in October 2024, up 4.3% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $353K | +110.7% |
| 2 Bedrooms | $167.9K | $173.1K | +3.1% |
| 3 Bedrooms | $240K | $240.4K | 0.2% |
| 4 Bedrooms | $280K | $306K | +9.3% |
| 5+ Bedrooms | $322.7K | $369K | +14.3% |
Summary: 58103 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 110.7%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 14.3%.
Housing Supply in 58103, ND
How many homes are available in 58103, ND?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 358 | 362 | +1.1% |
Summary: The 58103 real estate market had 362 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 16 | 0.0% |
| 2 Bedrooms | 82 | 82 | 0.0% |
| 3 Bedrooms | 117 | 113 | -3.4% |
| 4 Bedrooms | 103 | 117 | +13.6% |
| 5+ Bedrooms | 40 | 34 | -15.0% |
Summary: The 58103 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 15%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 78 | -6.0% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 58103, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 78 homes were sold or pending in 58103 in October 2024, down by 6.0% month-over-month. Of the 78 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for 58103, ND
How long does it take to sell a home in 58103, ND?
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 58103 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 78 homes were sold in 58103; 33% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
