North Dakota housing market
Statewide listing data for September 2026, the latest month Realtor.com® Economic Research has published, with two years of history. Checked October 8, 2026.
North Dakota at a glance
MidwestSource: Realtor.com® Economic Research (North Dakota, September 2026). Asking prices and active listings, not closed sales.
What the data says
- There are 0.8% more homes for sale in North Dakota than a year ago.
- The median asking price is up 1.7% from a year ago.
- 19% of active listings have had at least one price reduction.
- The typical listing spends 57 days on the market, 3 days shorter than a year ago.
Repeat sales and appraisals of the same homes, published quarterly with a lag of about two months.
Two-year trend
Median listing price, North Dakota
| Period | Value |
|---|---|
| 2024-09-01 | $366K |
| 2024-10-01 | $356K |
| 2024-11-01 | $355K |
| 2024-12-01 | $350K |
| 2025-01-01 | $354K |
| 2025-02-01 | $363K |
| 2025-03-01 | $370K |
| 2025-04-01 | $373K |
| 2025-05-01 | $380K |
| 2025-06-01 | $369K |
| 2025-07-01 | $370K |
| 2025-08-01 | $370K |
| 2025-09-01 | $364K |
| 2025-10-01 | $357K |
| 2025-11-01 | $350K |
| 2025-12-01 | $350K |
| 2026-01-01 | $352K |
| 2026-02-01 | $356K |
| 2026-03-01 | $360K |
| 2026-04-01 | $366K |
| 2026-05-01 | $365K |
| 2026-06-01 | $365K |
| 2026-07-01 | $371K |
| 2026-08-01 | $373K |
| 2026-09-01 | $371K |
Homes for sale, North Dakota
| Period | Value |
|---|---|
| 2024-09-01 | 2,083 |
| 2024-10-01 | 2,146 |
| 2024-11-01 | 2,047 |
| 2024-12-01 | 1,916 |
| 2025-01-01 | 1,695 |
| 2025-02-01 | 1,587 |
| 2025-03-01 | 1,529 |
| 2025-04-01 | 1,633 |
| 2025-05-01 | 1,853 |
| 2025-06-01 | 2,033 |
| 2025-07-01 | 2,100 |
| 2025-08-01 | 2,226 |
| 2025-09-01 | 2,260 |
| 2025-10-01 | 2,323 |
| 2025-11-01 | 2,080 |
| 2025-12-01 | 1,870 |
| 2026-01-01 | 1,643 |
| 2026-02-01 | 1,586 |
| 2026-03-01 | 1,546 |
| 2026-04-01 | 1,590 |
| 2026-05-01 | 1,708 |
| 2026-06-01 | 1,875 |
| 2026-07-01 | 2,038 |
| 2026-08-01 | 2,182 |
| 2026-09-01 | 2,278 |
Listings follow a seasonal pattern each year; compare a month with the same month a year earlier.
North Dakota compared with the U.S.
Compare with another state| Measure | North Dakota | United States |
|---|---|---|
| Median listing price | $370,700 (+1.7% y/y) | $419,250 (−1.4% y/y) |
| Homes for sale | 2,278 (+0.8% y/y) | 1,161,615 (+5.4% y/y) |
| Median days on market | 57 days (−3 days y/y) | 61 days (Unchanged y/y) |
| Listings with a price cut | 18.9% (+2.4 pts y/y) | 20.8% (+0.9 pts y/y) |
| Median list price per sq ft | $174 (+5.9% y/y) | $223 (−1.7% y/y) |
Sources: Realtor.com® Economic Research (North Dakota, September 2026); Realtor.com® Economic Research (United States, September 2026). “y/y” is the change from the same month a year earlier.
An affordability illustration
Run your own numbersThe inputs
- Median listing price (September 2026)$370,700
- Down payment20% ($74,140)
- Loan amount$296,560
- Rate: 30-year fixed, national (Week of Oct 8, 2026)7.40%
- Median household income, North Dakota (2025)$85,060
This is an illustration, not a lender calculation. It leaves out property taxes, homeowners insurance, mortgage insurance and HOA dues, which can add several hundred dollars or more a month. The rate is a national average for strong-credit borrowers; your rate may differ.
Sources: Realtor.com® Economic Research (North Dakota, September 2026); Freddie Mac Primary Mortgage Market Survey, via FRED, Federal Reserve Bank of St. Louis (United States, Week of Oct 8, 2026); U.S. Census Bureau, Current Population Survey, via FRED, Federal Reserve Bank of St. Louis (North Dakota, 2025).
Editor’s notes on North Dakota
Written March 2026; conditions may have changedNorth Dakota's market is closely tied to the Bakken oil formation. Energy price cycles create significant demand fluctuations. Fargo's more diversified economy (healthcare, education, ag tech) provides steadier footing.
For buyers
Fargo is the stable play — diversified economy and improving livability. Oil patch markets (Williston, Minot) carry more volatility.
For sellers
Energy economy creates boom-bust cycles. Price with current conditions in mind, not peak oil-boom expectations.
These notes are background written by our editors in March 2026, before the data above. Where they differ, the dated figures on this page are more current.