North Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

2,109

Sold (12M)

740

Median Price

Market Condition

Strong Buyer's Market

North Dakota Market Meter

Strong Buyer's Market

30.4 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

195

Months of Supply

30.4

YoY Price Change

New Listings (3M)

327

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	26	114	219	399	710	937
1-2 acres	6	26	60	123	232	322
2-5 acres	6	24	38	80	175	256
5-10 acres	1	7	16	25	45	75
10-20 acres	-	3	7	18	32	49
20-50 acres	-	5	11	16	49	66
50-100 acres	2	6	6	16	26	37
100+ acres	3	11	11	32	57	99
TOTAL	44	196	368	709	1,326	1,841

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

0-1 acres399 sold / 1199 listed

1-2 acres123 sold / 385 listed

2-5 acres80 sold / 241 listed

5-10 acres25 sold / 75 listed

10-20 acres18 sold / 41 listed

20-50 acres16 sold / 29 listed

50-100 acres16 sold / 22 listed

100+ acres32 sold / 29 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

2,109

Current inventory

Avg Days on Market

195

Time to sell

Price Trend (YoY)

Year over year

North Dakota Land Market Analysis

Is now a good time to buy land in North Dakota?

North Dakota is currently a strong buyer's market with 30.4 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in North Dakota?

North Dakota currently has 30.4 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

Is now a good time to invest in land in North Dakota?

The current absorption rate in North Dakota is 3.3% (3-month basis), indicating slow demand. The top-performing broker in this market is eXp Realty.

What is the median farm land value in North Dakota?

Average farm real estate in North Dakota is valued at $2K/acre. Cropland specifically averages $2K/acre. Pasture land averages $987/acre. (Data from 2023)

What is the total land for sale in North Dakota?

There are currently 2,109 active listings in North Dakota. 327 new listings have hit the market in the last 90 days. The median asking price is $78K.

What is the average farm rent in North Dakota?

Average cropland rent in North Dakota is $77/acre/year. Pasture land rents for approximately $21/acre/year.

What is the total amount sold in North Dakota last year?

Over the past 12 months, North Dakota saw 740 properties sold. In just the last 3 months, 208 properties changed hands.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.