North Dakota Real Estate Market in 2021: Forecasts + Trends

Clever Real Estate


Clever Real Estate

October 1st, 2021
Updated October 1st, 2021


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.

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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

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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

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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!

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Clever's analysis of state market trends is based on local data from Zillow,, 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.

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