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FESSENDEN, ND 58438

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

Market Analysis

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

The FESSENDEN, ND real estate market (58438) currently shows 3 active listings, with 1 pending sales. Homes are averaging 104 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 104 days on market compared to 155 days last year.

The median listing price has risen 139.8% year-over-year, from $164,500 to $394,500.

Whether you are buying or selling in FESSENDEN, 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: 730  ·  Density: 1.8/mi²  ·  Median household income: $72,647

Typical home value: $70,176  ·  Homeownership: 80.5%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
1
33% pending ratio
Median Price
$394,500
⇧ 139.8% vs $164,500 last year
Average Price
$394,500
⇧ 162.1% vs $150,500 last year
Days on Market
104
⇩ 32.9% vs 155 days last year

Price Per Square Foot

Median $/sqft
$103
⇩ 21.4% vs $131/sqft last year
Median Home Size
3,470 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 104 now vs 155 last year

Median & Average Pricing

Year over Year
  • Median: $394,500 (+139.8% YoY)
  • Average: $394,500 (+162.1% 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 62.1 miles — 54 listings ($14,102,975 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58438Fessenden, ND 584380.0 mi3$1,005,999$167,000$335,333
58418Bowdon, ND 5841817.3 mi2$157,500$78,750$78,750
58356New Rockford, ND 5835623.4 mi4$771,700$192,925$192,925
58332Esmond, ND 5833227.9 mi2$74,500$37,250$37,250
58710Anamoose, ND 5871033.7 mi1$289,900$289,900$289,900
58313Balta, ND 5831340.7 mi1$39,900$39,900$39,900
58463Mcclusky, ND 5846342.8 mi1$94,900$94,900$94,900
58301Devils Lake, ND 5830145.4 mi29$9,652,244$329,000$332,836
58380Tolna, ND 5838050.5 mi1$80,000$80,000$80,000
58467Medina, ND 5846755.6 mi1$260,000$260,000$260,000
58482Steele, ND 5848257.1 mi4$1,226,532$255,000$306,633
58382Webster, ND 5838257.9 mi1$39,900$39,900$39,900
58788Towner, ND 5878862.1 mi4$409,900$75,950$102,475

Frequently Asked Questions

How many homes are for sale in FESSENDEN, ND 58438?

As of March 2026, there are 3 active listings in FESSENDEN, ND (zip code 58438), compared to 5 the prior year.

What is the median home price in FESSENDEN, ND 58438?

The median listing price in FESSENDEN, ND 58438 is $394,500 as of March 2026, a 139.8% increase from $164,500 the prior year.

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

Homes in FESSENDEN, ND 58438 spend an average of 104 days on the market before going under contract, compared to 155 days the prior year.

Is it a seller's or buyer's market in FESSENDEN, ND 58438?

Based on current inventory and days-on-market data as of March 2026, FESSENDEN, ND 58438 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 104 days on market compared to 155 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FESSENDEN, ND 58438 save an estimated $7,890 compared to a typical 5% commission on the median listing price of $394,500. 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.