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GRAND FORKS, ND 58203

Real Estate Market Report  ·  Grand Forks County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The GRAND FORKS, ND real estate market (58203) currently shows 14 active listings, with 9 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 65 days on market compared to 36 days last year.

The median listing price has risen 10.4% year-over-year, from $252,450 to $278,700.

Whether you are buying or selling in GRAND FORKS, 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: 16,280  ·  Density: 91.5/mi²  ·  Median household income: $54,692

Typical home value: $186,328  ·  Homeownership: 42.2%

Market Overview

Active Listings
14
⇩ 46.2% vs 26 last year
Pending
9
64% pending ratio
Median Price
$278,700
⇧ 10.4% vs $252,450 last year
Average Price
$264,826
⇩ 4.1% vs $276,150 last year
Days on Market
65
⇧ 80.6% vs 36 days last year

Price Per Square Foot

Median $/sqft
$138
⇧ 1.5% vs $136/sqft last year
Median Home Size
1,990 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 26 last year
  • Days on market: 65 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $278,700 (+10.4% YoY)
  • Average: $264,826 (-4.1% 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 39.9 miles — 84 listings ($22,592,148 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58203Grand Forks, ND 582030.0 mi18$4,314,384$241,175$239,688
56721East Grand Forks, MN 567219.8 mi24$8,739,408$344,450$364,142
58214Arvilla, ND 5821416.2 mi2$900,000$450,000$450,000
56710Alvarado, MN 5671018.5 mi1$170,000$170,000$170,000
56723Fisher, MN 5672319.9 mi2$1,050,000$525,000$525,000
56722Euclid, MN 5672223.5 mi1$75,000$75,000$75,000
58218Buxton, ND 5821826.3 mi5$1,196,700$228,125$239,340
58240Hatton, ND 5824027.7 mi3$1,059,900$430,000$353,300
56713Argyle, MN 5671330.3 mi4$662,260$163,675$165,565
58223Cummings, ND 5822332.2 mi1$235,000$235,000$235,000
58237Grafton, ND 5823732.7 mi11$2,019,996$150,000$183,636
56757Stephen, MN 5675736.7 mi1$149,900$149,900$149,900
56750Red Lake Falls, MN 5675039.9 mi11$2,019,600$133,950$183,600

Frequently Asked Questions

How many homes are for sale in GRAND FORKS, ND 58203?

As of March 2026, there are 14 active listings in GRAND FORKS, ND (zip code 58203), compared to 26 the prior year.

What is the median home price in GRAND FORKS, ND 58203?

The median listing price in GRAND FORKS, ND 58203 is $278,700 as of March 2026, a 10.4% increase from $252,450 the prior year.

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

Homes in GRAND FORKS, ND 58203 spend an average of 65 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in GRAND FORKS, ND 58203?

Based on current inventory and days-on-market data as of March 2026, GRAND FORKS, ND 58203 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 36 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GRAND FORKS, ND 58203 save an estimated $5,574 compared to a typical 5% commission on the median listing price of $278,700. 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.