$4,572 Closing Credit*
$385,000
3,123 SqFt
3 Beds
•2 Full Baths
Listing Office: Town & Country Realty
Is 58103, 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, 58103 was a Seller's Market.
Key Takeaway
58103 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 58103, ND
How much do homes in 58103, ND cost?
Median Sold Price
$246,950
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,859(+5.0%)
Key Takeaway
Homes in 58103 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 58103 was $246,950 in November 2024, up 5% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179K | $353K | +97.2% |
| 2 Bedrooms | $174K | $171.5K | -1.4% |
| 3 Bedrooms | $240K | $245K | +2.1% |
| 4 Bedrooms | $279K | $306.7K | +9.9% |
| 5+ Bedrooms | $323K | $369K | +14.2% |
Summary: 58103 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.2%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 14.2%.
Housing Supply in 58103, ND
How many homes are available in 58103, ND?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 354 | 257 | -27.4% |
Summary: The 58103 real estate market had 257 homes for sale in November 2024, a 27.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 17 | +6.3% |
| 2 Bedrooms | 82 | 56 | -31.7% |
| 3 Bedrooms | 111 | 84 | -24.3% |
| 4 Bedrooms | 111 | 81 | -27.0% |
| 5+ Bedrooms | 34 | 19 | -44.1% |
Summary: The 58103 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 31.7%, 3 bedroom homes decreased by 24.3%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes decreased by 44.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 39 | -50.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 58103, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 58103 in November 2024, down by 50.6% month-over-month. Of the 39 sold homes, 46% were sold under asking, 28% 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?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 40 Days | +10.1% |
Summary: Homes in 58103 had an average of 40 days on market in Nov 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
13 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 November 2024, 39 homes were sold in 58103; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
