North Dakota Housing Market
Cool MarketHousing market data and trends for North Dakota. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$312K
↑ 11.5% YoY
Days on Market
73 days
↑ 14.1% YoY
Active Inventory
974
↑ 3.7% YoY
Homes Sold
319
↑ 16.8% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
North Dakota Market Summary
The North Dakota housing market is cooling down. As of March 2026, the median home sale price is $312K, up 11.5% year-over-year. Homes are spending a median of 73 days on the market, 14.1% longer than a year ago.
There are 974 homes for sale — 3.7% more than last year. With 3.1 months of supply, this is a seller's market. 420 new listings were added during this period, down 2.8% year-over-year.
Homes are selling for 97.1% of their list price on average, suggesting room for negotiation. 10.3% of homes sell above their asking price. 16.7% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
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. Prices are 29% below the national median, which could indicate stronger cash flow potential.
North Dakota Market Trends
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Detailed Market Metrics
Median List Price
$345K
Price per Sq Ft
$151
Sale-to-List Ratio
97.1%
Months of Supply
3.1
Sold Above List
10.3%
Price Drops
16.7%
New Listings
420
↓ 2.8% YoY
Pending Sales
461
Metro Areas in North Dakota
Bismarck, ND metro area
$362K median
59 days
on market
Minot, ND metro area
$286K median
62 days
on market
Williston, ND metro area
$370K median
51 days
on market
Dickinson, ND metro area
$322K median
87 days
on market
Wahpeton, ND metro area
$219K median
49 days
on market
Jamestown, ND metro area
$216K median
244 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.