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Minot, ND 58701 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Minot, ND inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 4242PendingPending sales: 22
Minot, ND: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $332k$332kSoldMedian sold price (last 6 months): $289k$289k
What homes actually sell for in Minot, ND
Distribution of 223 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $200k to $375k
$45k to $119k: 14 sales$45k$119k to $194k: 27 sales$194k to $268k: 47 sales$194k$268k to $342k: 58 sales58sales$342k to $416k: 28 sales$342k$416k to $490k: 18 sales$490k to $565k: 5 sales$490k$565k to $639k: 4 salesMedian $289k

What the numbers say

As of October 26, 2026, Resideline is tracking 42 active listings and 2 pending sales in ZIP code 58701. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $332,450, while the median of the 223 closed sales Resideline tracked over the last six months was $289,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 58701 for 70 days.

Frequently asked questions

What is the median home price in 58701?

The median closed sale price in Minot, ND 58701 was $289,000 over the last six months, based on 223 closed sales tracked by Resideline. The middle half of those sales ranged from $199,900 to $375,000.

Is 58701 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 42 active listings in 58701, a pending-to-active ratio of 0.05. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 58701 currently looks like a balanced market.

Nearby ZIP code market data

Full Minot, ND housing market report →

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