Median Home Price
$248K
$148/sqft
YoY Appreciation
+2.4%
Year-over-year
Days on Market
38d
Median DOM
Inventory
3.8mo
Balanced
List-to-Sale
96%
Avg ratio
Cash Buyers
22%
of all sales
📰
North Dakota Market Overview
North 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.
🏠 Buyer Insight
Fargo is the stable play — diversified economy and improving livability. Oil patch markets (Williston, Minot) carry more volatility.
📋 Seller Insight
Energy economy creates boom-bust cycles. Price with current conditions in mind, not peak oil-boom expectations.
🏙️
Top Cities in North Dakota
| City | Median Price | YoY Change | Days on Market | Price/Sqft |
|---|---|---|---|---|
| Fargo | $288K | +2.8% | 32d | $168 |
| Bismarck | $268K | +2.4% | 38d | $158 |
📊
Market Health Indicators
Market Velocity
Slow — buyer has negotiating room
Buyer Competition
Low — below-asking offers common
Inventory Pressure
Balanced — moderate supply
Investment Momentum
2.4% annual appreciation — modest gains
👥
Buyer Demographics
🏠
44%
First-Time Buyers
of all purchases
💵
22%
Cash Buyers
of all purchases
⏱️
44d
Avg Close Time
from offer to close
⚠️
2.8/10K
Foreclosure Rate
homes in default
🧮
Affordability Calculator — North Dakota
Market Characteristics
#oil-economy#midwest#energy#agricultural#stable-fargo
📊 CURRENT RATESMar 9, 2026
30-YR FIXED
—
15-YR FIXED
—
5/1 ARM
—
JUMBO 30-YR
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WK CHANGE 30-YR:↓ 0.04%
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