Is Casselton, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Casselton is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Casselton was a Buyer's Market.

Key Takeaway

Casselton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Casselton, ND

How much do homes in Casselton, ND cost?

Median Sold Price

$290,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,700(-0.6%)

Key Takeaway

Homes in Casselton have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Casselton was $290,000 in October 2024, down 0.6% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$145.4K
N/A
3 $242.5K$285K
+17.5%
4 $345K$290K
-15.9%
5+ $638.1K$441.2K
-30.9%

Summary: Casselton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.5%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes decreased by 30.9%.

Median Sold Price Compared To Nearby Cities

Casselton
-0.6%
Casselton Township
-0.6%

Housing Supply in Casselton, ND

How many homes are available in Casselton, ND?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21210.0%

Summary: The Casselton real estate market had 21 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 44
0.0%
5+ 1010
0.0%

Summary: The Casselton 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Casselton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Casselton in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Casselton, ND

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Casselton has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Casselton; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

Newest Listings in Casselton, ND

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