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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trollwood is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Trollwood, ND

How much do homes in Trollwood, ND cost?

Median Sold Price

$203,577

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,677(+10.1%)

Key Takeaway

Homes in Trollwood have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Trollwood was $203,577 in November 2024, up 10.1% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $129K$92K
-28.7%
3 $160K$198.6K
+24.2%
4 $314.5K$310K
-1.4%
5+ $474.9K-
N/A

Summary: Trollwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.7%, 3 bedroom homes increased by 24.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.

Housing Supply in Trollwood, ND

How many homes are available in Trollwood, ND?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
149-35.7%

Summary: The Trollwood real estate market had 9 homes for sale in November 2024, a 35.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 41
-75.0%
4 42
-50.0%
5+ 22
0.0%

Summary: The Trollwood 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 75%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trollwood, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Trollwood, ND

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Trollwood; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

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