New Salem, North Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

Market Condition

Very Hot Seller's Market

New Salem, North Dakota Market Meter

Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

Months of Supply

0.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	-	-	-	-	-
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	1	1	1
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	-	-
50-100 acres	-	1	1	2	2	2
100+ acres	-	-	-	1	3	3
TOTAL	0	1	1	4	6	6

📊 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

2-5 acres1 sold / 0 listed

50-100 acres2 sold / 0 listed

100+ acres1 sold / 0 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

Current inventory

Avg Days on Market

Time to sell

Price Trend (YoY)

Year over year

New Salem, North Dakota Land Market Analysis

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

The current absorption rate in New Salem, North Dakota is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is NEXTHOME LEGENDARY PROPERTIES.

What is the absorption rate for land in New Salem, North Dakota?

The 3-month absorption rate in New Salem, North Dakota is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

How long does it take to sell land in New Salem, North Dakota?

Land in New Salem, North Dakota typically sells within 29 days of listing. The median time on market is 29 days. Properties are moving quickly in the current very hot seller's market.

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

Over the past 12 months, New Salem, North Dakota saw 4 properties sold. In just the last 3 months, 1 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.