Horace Mann Housing Market Report April 2025•Cass County, North Dakota

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Housing Prices in Horace Mann, ND

How much do homes in Horace Mann, ND cost?

Housing Market Conditions

Is Horace Mann, ND a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Horace Mann is a Seller's Market

Difference Since April 2024

Since last year, Horace Mann has remained a Seller's Market.

Insight

Horace Mann is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$261,500$148/SqFt
+$7,450
+2.9%

Based on all homes sold in the last 12 months

Insight

Homes in Horace Mann have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Horace Mann was $261,500 in April 2025, up 2.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1-$675K
N/A
2$220K$233.5K
+6.2%
3$239K$230K
-3.8%
4$260.7K$270K
+3.6%
5$330K$388K
+17.6%

Summary: Horace Mann housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +6.2%. The home price for 3 bedroom homes decreased by -3.8%. The home price for 4 bedroom homes increased by +3.6%. The home price for 5 bedroom homes increased by +17.6%.

How does Horace Mann, ND compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Horace Mann, ND

Housing supply in Horace Mann, ND

How many homes are available in Horace Mann, ND?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
34Last MonthApr 2025
332 months agoMar 2025
+3.0 %
Change MoMMar – Apr

Summary: The Horace Mann real estate market had 34 homes for sale in Apr 2025, a 3.0 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthApr 2025
42 months agoMar 2025
+100.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
133
0.0%
31012
+20.0%
21616
0.0%
410
-100.0%
533
0.0%

Summary: Horace Mann housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Horace Mann, ND cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Horace Mann, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Horace Mann in April 2025, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and and 13% were sold over asking.

Days on Market for Horace Mann, ND

How long does it take to sell a home in Horace Mann, ND?

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Many homes in Horace Mann are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 8 homes were sold in Horace Mann; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
32 DaysThis YearApr 2025
31 Days1 year agoApr 2024
+4.8 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Horace Mann had an average listing age of 32 days in Apr 2025, up by 4.8% compared to the previous year.

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Newest Listings in Horace Mann, ND

What homes are available in Horace Mann, ND?

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Last updated on: 5/5/2025, 11:22:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.