North Dakota Housing Market
Cold MarketHousing market data and trends for North Dakota. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$300K
↑ 10.8% YoY
Days on Market
67 days
↑ 1.5% YoY
Active Inventory
929
↑ 3.6% YoY
Homes Sold
174
↓ 31.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
North Dakota Market Summary
The North Dakota housing market is cooling down. As of January 2026, the median home sale price is $300K, up 10.8% year-over-year. Homes are spending a median of 67 days on the market, 1.5% longer than a year ago.
There are 929 homes for sale — 3.6% more than last year. With 5.3 months of supply, this is a balanced market. 270 new listings were added during this period, up 6.7% year-over-year.
Homes are selling for 96.8% of their list price on average, suggesting room for negotiation. 8.1% of homes sell above their asking price. 15.4% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 29% below the national median, which could indicate stronger cash flow potential.
North Dakota Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$325K
Price per Sq Ft
$146
Sale-to-List Ratio
96.8%
Months of Supply
5.3
Sold Above List
8.1%
Price Drops
15.4%
New Listings
270
↑ 6.7% YoY
Pending Sales
302
Metro Areas in North Dakota
Bismarck, ND metro area
$365K median
61 days
on market
Minot, ND metro area
$282K median
76 days
on market
Dickinson, ND metro area
$260K median
74 days
on market
Wahpeton, ND metro area
$273K median
77 days
on market
Williston, ND metro area
$325K median
34 days
on market
Jamestown, ND metro area
$284K median
36 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.