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Downtown Eastwood Park Minot Commercial Historic District

MINOT, ND 58701

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 58701

Downtown · Eastwood Park · Minot Commercial Historic District

Market Analysis

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

The MINOT, ND real estate market (58701) currently shows 130 active listings, with 52 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41 days on market compared to 44 days last year.

The median listing price has fallen 3.3% year-over-year, from $365,750 to $353,500.

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Market Context

Market Context

Population: 32,855  ·  Density: 53.8/mi²  ·  Median household income: $74,753

Typical home value: $262,123  ·  Homeownership: 60.4%

Market Overview

Active Listings
130
⇧ 15% vs 113 last year
Pending
52
40% pending ratio
Median Price
$353,500
⇩ 3.3% vs $365,750 last year
Average Price
$436,060
⇩ 7.5% vs $471,249 last year
Days on Market
41
⇩ 6.8% vs 44 days last year

Price Per Square Foot

Median $/sqft
$169
⇧ 11.2% vs $152/sqft last year
Median Home Size
2,260 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 130 this year vs 113 last year
  • Days on market: 41 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $353,500 (-3.3% YoY)
  • Average: $436,060 (-7.5% 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 45.7 miles — 188 listings ($68,907,554 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58701Minot, ND 587010.0 mi78$29,962,218$343,625$384,131
58703Minot, ND 5870312.9 mi89$32,793,563$319,900$368,467
58768Norwich, ND 5876816.2 mi2$1,120,000$560,000$560,000
58735Douglas, ND 5873519.6 mi2$1,584,868$792,434$792,434
58740Glenburn, ND 5874023.3 mi5$745,270$144,675$149,054
58731Deering, ND 5873126.4 mi1$179,900$179,900$179,900
58779Ryder, ND 5877928.3 mi1$665,000$665,000$665,000
58771Plaza, ND 5877130.7 mi1$710,000$710,000$710,000
58789Upham, ND 5878936.4 mi0$0$45,000$45,000
58760Maxbass, ND 5876039.5 mi1$68,500$68,500$68,500
58762Newburg, ND 5876240.8 mi2$238,900$119,450$119,450
58770Parshall, ND 5877043.3 mi1$92,000$92,000$92,000
58761Mohall, ND 5876145.7 mi5$747,335$169,950$149,467

Frequently Asked Questions

How many homes are for sale in MINOT, ND 58701?

As of September 2026, there are 130 active listings in MINOT, ND (zip code 58701), compared to 113 the prior year.

What is the median home price in MINOT, ND 58701?

The median listing price in MINOT, ND 58701 is $353,500 as of September 2026, a 3.3% decrease from $365,750 the prior year.

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

Homes in MINOT, ND 58701 spend an average of 41 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in MINOT, ND 58701?

Based on current inventory and days-on-market data as of September 2026, MINOT, ND 58701 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MINOT, ND 58701 save an estimated $7,070 compared to a typical 5% commission on the median listing price of $353,500. 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.