Top Small Teams in North Dakota – Ranked By Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1CollinsIGruchow GroupRE/MAX Legacy RealtyFargo, ND 80.0View Profile
2Vonesh Real Estate TeamKeller Williams Inspire RealtyFargo, ND 73.5View Profile
3Team Heritage HomesPremier PropertiesFargo, ND 66.0View Profile
4HomeVest TeamCENTURY 21 Morrison RealtyBismarck, ND 65.0View Profile

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2023 North Dakota Housing Market Summary

North Dakota started 2023 with a total of 1,326 single-family homes on the market, with a median home price of $301,832 and an average price per square foot of $156. By the end of the year, inventory had decreased to 1,288 homes on the market (-2%), with a median home price of $329,900 (+9%) and an average price per square foot of $159 (+1%).

At the start of 2023, the median days on market (DOM) was 98 days – by the end of the year, median DOM had decreased to 84 days.

North Dakota started the year with 31% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 33% of North Dakota homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that North Dakota started 2023 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 30 – a balanced buyer and seller’s market.

This market summary is powered by Altos Research – click here to run a free report for your area.

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North Dakota News

Right to list agreements banned by five more states 

Apr 11, 2023By

Colorado, Georgia, Tennessee, Idaho and North Dakota join Utah in banning firms like MV Realty from using right to list agreements.