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HORACE, ND 58047

Real Estate Market Report  ·  Cass County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
130
⇩ 11.6% vs 147 last year
Pending
20
15% pending ratio
Median Price
$374,900
⇧ 4.6% vs $358,550 last year
Average Price
$456,345
⇧ 8.7% vs $419,763 last year
Days on Market
85
⇩ 1.2% vs 86 days last year

Market Context

Population: 4,427  ·  Density: 24.3/mi²  ·  Median household income: $148,833

Typical home value: $444,900  ·  Homeownership: 97.6%

Market Analysis

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

The HORACE, ND real estate market (58047) currently shows 130 active listings, with 20 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 85 days on market compared to 86 days last year.

The median listing price has risen 4.6% year-over-year, from $358,550 to $374,900.

Whether you are buying or selling in HORACE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 130 this year vs 147 last year
  • Days on market: 85 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $374,900 (+4.6% YoY)
  • Average: $456,345 (+8.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.7 miles — 569 listings ($230,565,844 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58047Horace, ND 580470.0 mi130$59,324,850$374,900$456,345
56525Comstock, MN 565256.8 mi1$69,900$69,900$69,900
58103Fargo, ND 5810310.1 mi113$37,672,279$275,000$333,383
56560Moorhead, MN 5656010.8 mi179$59,281,399$314,900$331,181
58059Mapleton, ND 5805914.1 mi13$7,553,468$599,900$581,036
58102Fargo, ND 5810214.3 mi88$43,397,200$275,000$493,150
58018Colfax, ND 5801819.4 mi16$8,779,184$455,000$548,699
56547Glyndon, MN 5654719.7 mi16$6,349,728$417,400$396,858
58012Casselton, ND 5801220.2 mi8$6,720,936$444,900$840,117
58005Argusville, ND 5800523.5 mi1$349,900$349,900$349,900
56536Felton, MN 5653628.1 mi0$0$115,000$115,000
58006Arthur, ND 5800630.4 mi1$470,000$470,000$470,000
56579Rothsay, MN 5657930.7 mi3$597,000$199,000$199,000

Frequently Asked Questions

How many homes are for sale in HORACE, ND 58047?

As of January 2026, there are 130 active listings in HORACE, ND (zip code 58047), compared to 147 the prior year.

What is the median home price in HORACE, ND 58047?

The median listing price in HORACE, ND 58047 is $374,900 as of January 2026, a 4.6% increase from $358,550 the prior year.

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

Homes in HORACE, ND 58047 spend an average of 85 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in HORACE, ND 58047?

Based on current inventory and days-on-market data as of January 2026, HORACE, ND 58047 is currently a Seller's Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 85 days on market compared to 86 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HORACE, ND 58047 save an estimated $7,498 compared to a typical 5% commission on the median listing price of $374,900. 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.