Is now a good time to buy land in Park River, North Dakota?
Park River, North Dakota is currently a strong buyer's market with 72.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
72.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 0 |
Park River, North Dakota is currently a strong buyer's market with 72.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Park River, North Dakota currently has 72.0 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 24 active listings in Park River, North Dakota. 17 new listings have hit the market in the last 90 days. The median asking price is $26K.
The current absorption rate in Park River, North Dakota is 1.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Rose Realty.
The 3-month absorption rate in Park River, North Dakota is 1.4%. The 12-month rate is 0.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Park River, North Dakota saw 1 properties sold. In just the last 3 months, 1 properties changed hands.
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.