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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Traill County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Traill County 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 Traill County, ND

How much do homes in Traill County, ND cost?

Median Sold Price

$210,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,500(+1.7%)

Key Takeaway

Homes in Traill County have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Traill County was $210,000 in October 2024, up 1.7% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$75.5K
N/A
2 $229K$156K
-31.9%
3 $205K$210K
+2.4%
4 $223.7K$252.2K
+12.7%
5+ $319.9K$265K
-17.2%

Summary: Traill County 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 31.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 17.2%.

Median Sold Price Compared To Nearby Counties

Polk County
+11.8%
Norman County
+8.0%
Traill County
+1.7%

Housing Supply in Traill County, ND

How many homes are available in Traill County, ND?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2824-14.3%

Summary: The Traill County real estate market had 24 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 105
-50.0%
3 88
0.0%
4 1011
+10.0%
5+ 00
0.0%

Summary: The Traill 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 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 Traill County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Traill County in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Traill County, ND

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

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During October 2024, 4 homes were sold in Traill County; 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.

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

Report Updated 3 Days Ago

Newest Listings in Traill County, ND

Nearby Markets to Traill County, ND

What housing markets are near Traill County, ND?