Is now a good time to buy land in Grand Forks, North Dakota?
Grand Forks, North Dakota is currently a strong buyer's market with 34.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Grand Forks, North Dakota Land Market Statistics
Comprehensive market data and analysis• Updated Oct 2026
Active Listings
57
Sold (12M)
18
Median Price
Not public
Market Condition
Strong Buyer's Market
Grand Forks, North Dakota Market Meter
Strong Buyer's Market
34.2 months of supply
High inventory favors buyers with more choices and negotiating power.
Market Overview
Median Price
Not public
Avg Price/Acre
Not public
Avg Days on Market
595
Months of Supply
34.2
YoY Price Change
Not public
New Listings (3M)
10
North Dakota does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 4 | 6 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 4 | 4 | 7 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 5 | 8 | 13 |
📊 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 acres6 sold / 7 listed
1-2 acres0 sold / 1 listed
2-5 acres7 sold / 35 listed
5-10 acres0 sold / 1 listed
10-20 acres0 sold / 1 listed
Median Price by Acreage
No price data available
Key Market Indicators
Total Sales Volume
$0
Last 12 months
Active Listings
57
Current inventory
Avg Days on Market
595
Time to sell
Price Trend (YoY)
-
Year over year
Grand Forks, North Dakota Land Market Analysis
What is the months of supply for land in Grand Forks, North Dakota?
Grand Forks, North Dakota currently has 34.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
What is the total land for sale in Grand Forks, North Dakota?
There are currently 57 active listings in Grand Forks, North Dakota. 10 new listings have hit the market in the last 90 days. The median asking price is $102K.
How long does it take to sell land in Grand Forks, North Dakota?
Land in Grand Forks, North Dakota typically sells within 595 days of listing. The median time on market is 357 days. Properties are moving slowly in the current strong buyer's market.
What is the absorption rate for land in Grand Forks, North Dakota?
The 3-month absorption rate in Grand Forks, North Dakota is 2.9%. The 12-month rate is 2.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
What is the total amount sold in Grand Forks, North Dakota last year?
Over the past 12 months, Grand Forks, North Dakota saw 18 properties sold. In just the last 3 months, 5 properties changed hands.
Is now a good time to invest in land in Grand Forks, North Dakota?
The current absorption rate in Grand Forks, North Dakota is 2.9% (3-month basis), indicating slow demand. The top-performing broker in this market is Crary Real Estate.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
Land in Grand Forks
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