Market Intelligence Report — ND-500

Minot, ND

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

Ref. No: 2026-ND-09
As of the latest 2026 data
Accelerated

Median Listing

$322K
+6.6% YoY

Pending Ratio

0.69
+7.8% YoY

Active Inventory

187
+3.6% YoY

Median DOM

45 Days
-12.3% YoY

Primary Intelligence Tool — Sold Score™

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The Minot market is currently operating under Accelerated conditions, driven by a pending ratio of 0.69, which reflects a 7.8% increase over the past year. This indicates a period of heightened absorption relative to available inventory.

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

1.8%-0.4 pp YoY

Unemployment rate · Sep 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 have experienced a modest 3.6% increase over the past year, while new listings saw an 8.3% rise. The median listing price advanced by 6.6% year-over-year, alongside a 4.9% increase in median price per square foot, despite a month-over-month decline in median listing price. Median days on market compressed by 12.3% over the past year, reflecting quicker absorption of available properties.

Historical Analysis

Market Trends

Median Price

$322K-3.8% MoM

Active Inventory

187+3.6% YoY

Days on Market

45-12.3% YoY

Sold Score™

78+7.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

78
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 current pace of transactions, as indicated by the elevated pending ratio, suggests that properties are moving efficiently through the market. This environment places increased pressure on inventory, favoring those who act decisively. Price discipline may be less pronounced given the observed demand dynamics.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

187 active listings represent the current floor, with new supply arriving at roughly 104 per month.

Pricing Pressure
20.1%

of active listings carry a price reduction, +2.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.9% year-over-year.

Absorption
0.69

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Minot, ND? Homes here are taking 6 days less to sell than last year.

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
69%
Median Days on Market
45 days
Inventory YoY
+4%

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