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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Steele County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Steele County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Steele County, ND

How much do homes in Steele County, ND cost?

Median Sold Price

$52,000

$29/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$80,500(-60.8%)

Key Takeaway

Homes in Steele County have sold for 60.8% less than they did a month ago.

Summary: The median home sold price in Steele County was $52,000 in October 2024, down 60.8% from last month, and the median price per square foot was $29.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$52K
N/A
3 $132.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Steele County housing prices by bedroom type for October 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 Steele County, ND

How many homes are available in Steele County, ND?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
85-37.5%

Summary: The Steele County real estate market had 5 homes for sale in October 2024, a 37.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 42
-50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Steele County 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 decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 Steele County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Steele County in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Steele County, ND

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

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 Steele County has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Steele County; 0% of homes were sold within 30 days, 50% 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

Newest Listings in Steele County, ND

Nearby Markets to Steele County, ND

What housing markets are near Steele County, ND?