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HANKINSON, ND 58041

Real Estate Market Report  ·  Richland County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The HANKINSON, ND real estate market (58041) currently shows 8 active listings, with 1 pending sales. Homes are averaging 148 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 148 days on market compared to 186 days last year.

The median listing price has fallen 2.2% year-over-year, from $417,900 to $408,500.

Whether you are buying or selling in HANKINSON, ND, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,520  ·  Density: 3.0/mi²  ·  Median household income: $78,529

Typical home value: $150,558  ·  Homeownership: 86.4%

Market Overview

Active Listings
8
⇩ 33.3% vs 12 last year
Pending
1
13% pending ratio
Median Price
$408,500
⇩ 2.2% vs $417,900 last year
Average Price
$355,512
⇧ 2.5% vs $347,000 last year
Days on Market
148
⇩ 20.4% vs 186 days last year

Price Per Square Foot

Median $/sqft
$198
⇧ 10% vs $180/sqft last year
Median Home Size
2,130 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 12 last year
  • Days on market: 148 now vs 186 last year

Median & Average Pricing

Year over Year
  • Median: $408,500 (-2.2% YoY)
  • Average: $355,512 (+2.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 43.5 miles — 76 listings ($26,841,105 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58041Hankinson, ND 580410.0 mi8$2,943,312$415,000$367,914
58075Wahpeton, ND 5807518.0 mi38$11,345,926$329,900$298,577
56583Tintah, MN 5658324.4 mi1$640,000$640,000$640,000
56296Wheaton, MN 5629626.0 mi2$301,500$150,750$150,750
57262Sisseton, SD 5726227.0 mi8$2,376,000$250,000$297,000
58001Abercrombie, ND 5800128.8 mi2$958,000$479,000$479,000
58043Havana, ND 5804330.3 mi1$190,000$190,000$190,000
58077Walcott, ND 5807733.1 mi1$225,000$225,000$225,000
58032Forman, ND 5803235.2 mi2$594,900$297,450$297,450
56248Herman, MN 5624841.2 mi4$387,332$79,000$96,833
57239Grenville, SD 5723941.8 mi3$5,838,900$599,000$1,946,300
57430Britton, SD 5743042.1 mi5$940,335$133,000$188,067
57279Wilmot, SD 5727943.5 mi1$99,900$99,900$99,900

Frequently Asked Questions

How many homes are for sale in HANKINSON, ND 58041?

As of March 2026, there are 8 active listings in HANKINSON, ND (zip code 58041), compared to 12 the prior year.

What is the median home price in HANKINSON, ND 58041?

The median listing price in HANKINSON, ND 58041 is $408,500 as of March 2026, a 2.2% decrease from $417,900 the prior year.

How long do homes stay on the market in HANKINSON, ND?

Homes in HANKINSON, ND 58041 spend an average of 148 days on the market before going under contract, compared to 186 days the prior year.

Is it a seller's or buyer's market in HANKINSON, ND 58041?

Based on current inventory and days-on-market data as of March 2026, HANKINSON, ND 58041 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 148 days on market compared to 186 days last year.

How much can I save on real estate commission in HANKINSON, ND?

With SELL123.com's maximum 3% commission, sellers in HANKINSON, ND 58041 save an estimated $8,170 compared to a typical 5% commission on the median listing price of $408,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.