Is Cass County, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cass County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Cass County was a Seller's Market.

Key Takeaway

Cass County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cass County, ND

How much do homes in Cass County, ND cost?

Median Sold Price

$316,271

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,493(+3.8%)

Key Takeaway

Homes in Cass County have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Cass County was $316,271 in November 2024, up 3.8% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $196.3K$170K
-13.4%
2 $188.4K$188.4K
0%
3 $274.5K$284.4K
+3.6%
4 $351.4K$354.3K
+0.8%
5+ $528.5K$526.5K
-0.4%

Summary: Cass County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 0.4%.

Median Sold Price Compared To Nearby Counties

Richland County
+28.2%
Norman County
+10.4%
Cass County
+3.8%
Clay County
+1.0%

Housing Supply in Cass County, ND

How many homes are available in Cass County, ND?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2,0391,667-18.2%

Summary: The Cass County real estate market had 1,667 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 5858
0.0%
2 245193
-21.2%
3 735610
-17.0%
4 658553
-16.0%
5+ 343253
-26.2%

Summary: The Cass County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.2%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 26.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
389172-55.8%

Asking Price vs. Sold Price

81 Homes Were Sold
Under Asking

45 Homes Were Sold
At Asking

46 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cass County, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 172 homes were sold or pending in Cass County in November 2024, down by 55.8% month-over-month. Of the 172 sold homes, 47% were sold under asking, 26% were sold at asking, and 27% were sold over asking.

Days on Market for Cass County, ND

How long does it take to sell a home in Cass County, ND?

Average Sale Time

Nov 2023Nov 2024CHANGE
57 Days46 Days-18.8%

Summary: Homes in Cass County had an average of 46 days on market in Nov 2024, down by 18.8% compared to last year.

Breakdown of Home Sale Times

88 Homes Were Sold
Under 30 Days

58 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cass County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 172 homes were sold in Cass County; 51% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Cass County, ND

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