Is now a good time to buy land in the North Dakota area?
the North Dakota area 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.
Comprehensive market data and analysis
We're showing North Dakota County statistics below to give you a broader market picture. As more transactions occur in Fort Yates, North Dakota, we'll update with specific local data.
View nearby areas with more activity:
30.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Fort Yates, North Dakota | ||||||
the North Dakota area 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.
the North Dakota area 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.
There are currently 2,109 active listings in the North Dakota area. 327 new listings have hit the market in the last 90 days. The median asking price is $78K.
The current absorption rate in the North Dakota area is 3.3% (3-month basis), indicating slow demand. The top-performing broker in this market is eXp Realty.
Over the past 12 months, the North Dakota area saw 740 properties sold. In just the last 3 months, 208 properties changed hands.
Land in the North Dakota area typically sells within 195 days of listing. The median time on market is 133 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in the North Dakota area is 3.3%. The 12-month rate is 2.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.