Minot, ND metro area Housing Market
Cool MarketComprehensive housing market data for the Minot, ND metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$286K
↑ 18.1% YoY
Days on Market
62 days
↑ 12.7% YoY
Active Inventory
196
↑ 21.7% YoY
Homes Sold
89
↑ 25.4% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Minot, ND metro area Market Summary
The Minot, ND metro area housing market is cooling down. As of March 2026, the median home sale price is $286K, up 18.1% year-over-year. Homes are spending a median of 62 days on the market, 12.7% longer than a year ago.
There are 196 homes for sale — 21.7% more than last year. With 2.2 months of supply, this is a seller's market. 96 new listings were added during this period, up 23.1% year-over-year.
Homes are selling for 97.3% of their list price on average, suggesting room for negotiation. 10.1% of homes sell above their asking price. 16.8% 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
vs. North Dakota Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 35% below the national median, which could indicate stronger cash flow potential.
Minot, ND metro area Market Trends
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Detailed Market Metrics
Median List Price
$344K
Price per Sq Ft
$138
Sale-to-List Ratio
97.3%
Months of Supply
2.2
Sold Above List
10.1%
Price Drops
16.8%
New Listings
96
↑ 23.1% YoY
Pending Sales
113
Off Market in 2 Weeks
46.9%
Other Markets in North Dakota
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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.