$3,551 Closing Credit*
$299,000
2,751 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Now (Valley City)
Is Valley City, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Valley City was a Seller's Market.
Key Takeaway
Valley City 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 Valley City, ND
How much do homes in Valley City, ND cost?
Median Sold Price
$200,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,000(+5.8%)
Key Takeaway
Homes in Valley City have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Valley City was $200,000 in November 2024, up 5.8% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $67.4K | +34.9% |
| 2 Bedrooms | $159.5K | $110.5K | -30.7% |
| 3 Bedrooms | $200K | $179.5K | -10.3% |
| 4 Bedrooms | $242.5K | $285K | +17.5% |
| 5+ Bedrooms | $140K | $425K | +203.6% |
Summary: Valley City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.9%, 2 bedroom homes decreased by 30.7%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 203.6%.
Housing Supply in Valley City, ND
How many homes are available in Valley City, ND?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 28 | -30.0% |
Summary: The Valley City real estate market had 28 homes for sale in November 2024, a 30.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 20 | 14 | -30.0% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Valley City 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 decreased by 22.2%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Valley City, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Valley City in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Valley City, ND
How long does it take to sell a home in Valley City, ND?
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Valley City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Valley City; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
