$4,262 Closing Credit*
$358,900
2,110 SqFt
4 Beds
•3 Full Baths
Listing Office: Raboin Realty
Is Davies, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Davies was a Seller's Market.
Key Takeaway
Davies 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 Davies, ND
How much do homes in Davies, ND cost?
Median Sold Price
$409,982
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,240(-2.0%)
Key Takeaway
Homes in Davies have sold for 2% less than they did a year ago.
Summary: The median home sold price in Davies was $409,982 in October 2024, down 2% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $420K | $417K | -0.7% |
| 3 Bedrooms | $364.6K | $358.6K | -1.6% |
| 4 Bedrooms | $387.8K | $410K | +5.7% |
| 5+ Bedrooms | $625K | $600K | -4.0% |
Summary: Davies 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 decreased by 0.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Neighborhoods
| Bennett | $257.5K | $297K | +15.3% |
| Maple Valley | $345K | $397.5K | +15.2% |
| Davies | $418.2K | $409.9K | -2.0% |
Housing Supply in Davies, ND
How many homes are available in Davies, ND?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 79 | +3.9% |
Summary: The Davies real estate market had 79 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 26 | 28 | +7.7% |
Summary: The Davies 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 increased by 17.4%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Davies, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Davies in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Davies, ND
How long does it take to sell a home in Davies, ND?
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Davies are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Davies; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
