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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hankinson is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Hankinson was a Seller's Market.

Key Takeaway

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

Housing Prices in Hankinson, ND

How much do homes in Hankinson, ND cost?

Median Sold Price

$243,000

$103/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$33,000(+15.7%)

Key Takeaway

Homes in Hankinson have sold for 15.7% more than they did a month ago.

Summary: The median home sold price in Hankinson was $243,000 in November 2024, up 15.7% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $295K-
N/A
4 -$243K
N/A
5+ $75K-
N/A

Summary: Hankinson housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hankinson, ND

How many homes are available in Hankinson, ND?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2619-26.9%

Summary: The Hankinson real estate market had 19 homes for sale in November 2024, a 26.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1612
-25.0%
4 87
-12.5%
5+ 20
-100.0%

Summary: The Hankinson 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hankinson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hankinson in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hankinson, ND

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

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days31 Days+675.0%

Summary: Homes in Hankinson had an average of 31 days on market in Nov 2024, up by 675% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Hankinson; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

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