#6651609, Listing Office: Thomsen Homes
58047 Housing Market Report January 2025•Cass County, North Dakota
Housing Prices in 58047, ND
How much do homes in 58047, ND cost?
Housing Market Conditions
Is 58047, ND a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
58047 is a Buyer's Market
Difference Since January 2024
Since last year, 58047 has remained a Buyer's Market.
58047 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 58047 have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in 58047 was $354,995 in January 2025, up 1.1% from last year, and the median price per square foot was $172.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $215.5K | N/A |
22 Bedrooms | - | $327K | N/A |
33 Bedrooms | $302.5K | $321.1K | +6.2% |
44 Bedrooms | $376.4K | $375K | -0.4% |
55+ Bedrooms | $700K | $625K | -10.7% |
Summary: 58047 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +6.2%. The home price for 4 bedroom homes decreased by -0.4%. The home price for 5 bedroom homes decreased by -10.7%.
Housing supply in 58047, ND
How many homes are available in 58047, ND?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
262Last MonthJan 2025 | ||
2572 months agoDec 2024 | +1.9 % Change MoMDec – Jan |
Summary: The 58047 real estate market had 262 homes for sale in Jan 2025, a 1.9 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthJan 2025 | ||
212 months agoDec 2024 | -71.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 5 | 5 | 0.0% |
33 Bedrooms | 115 | 123 | +7.0% |
44 Bedrooms | 109 | 109 | 0.0% |
55+ Bedrooms | 28 | 25 | -10.7% |
Summary: 58047 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +7.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -10.7%.
Asking Price vs. Sold Price
How much do homes in 58047, ND cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price1 Home
If you're buying a home in 58047, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 58047 in January 2025, down by 71.4% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and and 50% were sold over asking.
Days on Market for 58047, ND
How long does it take to sell a home in 58047, ND?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days3 Homes
Most homes in 58047 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 6 homes were sold in 58047; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
67 DaysThis YearJan 2025 | ||
0 Days1 year agoJan 2024 | 0.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 58047 had an average listing age of 67 days in Jan 2025, down by .0% compared to the previous year.
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Newest Listings in 58047, ND
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Fargo Moorhead MLS for the period 02/01/2023 - 02/01/2025
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Last updated on: 2/7/2025, 8:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 10:10:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.