Market Intelligence Report — ND-500

Minot, ND

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-ND-08
As of the latest 2026 data
Accelerated

Median Listing

$335K
+13.6% YoY

Pending Ratio

0.77
+15.5% YoY

Active Inventory

176
-1.1% YoY

Median DOM

46 Days
+3.4% YoY

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Minot, ND is experiencing accelerated market conditions, driven by a pending ratio of 0.77, indicating strong absorption relative to active inventory. The median listing price increased by 13.6% over the past year, reaching $335,000.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

2.0%-0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

Data not yet available.

Shows whether the area is gaining or losing potential housing demand.

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Minot market right now.

Active listings remained relatively stable with a marginal 1.1% year-over-year decline, while new listings saw a significant 42.1% year-over-year increase. Despite the influx of new supply, the pending ratio expanded by 15.5% over the past year, reflecting robust demand. Median days on market saw a modest 3.4% year-over-year increase, settling at 46 days.

Historical Analysis

Market Trends

Median Price

$335K-7.4% MoM

Active Inventory

176-1.1% YoY

Days on Market

46+3.4% YoY

Sold Score™

79+15.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

79
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio suggests a rapid pace of absorption, exerting upward pressure on pricing. With limited active inventory relative to demand, prospective buyers face an environment where inventory moves quickly, necessitating prompt decisions and potentially limiting negotiation flexibility. Price discipline among sellers is supported by the swift market velocity.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

176 active listings represent the current floor, with new supply arriving at roughly 108 per month.

Pricing Pressure
18.2%

of active listings carry a price reduction, -5.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +7.9% year-over-year.

Absorption
0.77

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Minot, ND? Buyer Demand Index is running at 77%.

Demand in Minot, ND is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
77%
Median Days on Market
46 days
Inventory YoY
−1%

Demand is strong in Minot, ND. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Minot, ND
CBSA Code
33500
State
ND

ZIPs in Minot, ND

Sorted by active inventory · click a ZIP for its full report