North Dakota Real Estate Market in 2021: Forecasts + Trends

Clever Real Estate

By 

Clever Real Estate

October 1st, 2021
Updated October 1st, 2021

SHARE

North Dakota real estate trends

Real estate trends in North Dakota | Sellers | Buyers | Investors | The best and worst of North Dakota | North Dakota resources

North Dakota real estate trends (October 2021)

How is the real estate market in North Dakota?
🏠 Average home value: $247,913
📈 0.78% home value increase month over month
💰 Median listing price: $254,950
⏳ 67 days on the market
🔑 Homes on the market: 2,020
📆 1.8 months of housing inventory
🏦 30-year mortgage rate: 3.02%
💵 Average income: 54602
State of the market: B-
While both home values and listing prices are trending gently upwards in North Dakota, a high average days on market coupled with moderate inventory suggests that listing prices may stall or even decline.
*Data last updated October 2021

From its sweeping grasslands to the shores of Lake Sakakawea, North Dakota is home to stunning natural beauty — including 63 wildlife refuges, the most of any state.

In fact, North Dakota is one of the least populated states in the nation, allowing plenty of wide open spaces. Though it's home to cities including Fargo, Bismarck, and Grand Forks, much of the state is considered rural.

But don't be fooled into thinking North Dakota lacks community spirit. It's officially nicknamed the Peace Garden State in recognition of the International Peace Garden, a botanical garden created in 1932 to promote friendship between the United States and Canada.

If you're thinking of buying or selling in North Dakota, these North Dakota housing predictions and stats can help you make an informed decision.

Want to save money when you buy or sell your home? With Clever, you'll only pay 1% or $3K in listing fees. Eligible buyers get 0.5% cash back after closing. Find out how much you can save with Clever today!

Selling a home in North Dakota

North Dakota real estate market forecast for sellers
⏰ Homes are selling 7.5 days faster than the annual average
💰 Homes are selling for $4,388 more than the annual average
💸 Average listing commission: 3.00%
💸 Average buyer's commission: 3.00%

How to sell a home in North Dakota

Cost to sell a home in North Dakota

💰 Save thousands on realtor fees with Clever

List with the best agents in your area for just $3,000 or 1%. On average, Clever sellers save $9,000 on commission!

Our agent matching service is 100% free with zero obligation.

Buying a home in North Dakota

How much home you can buy with $300,000 in...
🏠 Fargo: 2,266 sq ft
🏡 Grand Forks: 2,537 sq ft
🏡 Bismarck: 2,213 sq ft
🏠 Minot: 2,861 sq ft

Investing in North Dakota real estate

Best of North Dakota

Each month, we compare cities in North Dakota based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.

Most Affordable Cities in North Dakota
1. Williston
2. Dickinson
3. Minot

Ready to buy a home in North Dakota? Eligible buyers get cash back with Clever!

Worst of North Dakota

Each month, we compare cities in North Dakota based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.

Least Affordable Cities in North Dakota
1. Bismarck
2. Grand Forks
3. Fargo

North Dakota resources

👋 Next Steps: Talk to an expert!

If you're weighing your options for buying or selling a house, Clever can help!

Our fully-licensed concierge team is standing by to answer questions and provide free, objective advice on getting the best outcome with your sale or purchase.

Ready to get started?

Give us a call at 1-833-2-CLEVER or enter your info below. Our concierge team will be in touch shortly to help.

Remember, this service is 100% free and there’s never any obligation.

Methodology

Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area.

If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.