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GRAND FORKS, ND 58203

Real Estate Market Report  ·  Grand Forks County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The GRAND FORKS, ND real estate market (58203) currently shows 18 active listings, with 12 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 67 days on market compared to 40 days last year.

The median listing price has fallen 4.4% year-over-year, from $252,175 to $241,175.

Whether you are buying or selling in GRAND FORKS, ND, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 16,280  ·  Density: 91.5/mi²  ·  Median household income: $54,692

Typical home value: $186,328  ·  Homeownership: 42.2%

Market Overview

Active Listings
18
⇩ 14.3% vs 21 last year
Pending
12
67% pending ratio
Median Price
$241,175
⇩ 4.4% vs $252,175 last year
Average Price
$239,688
⇩ 10.1% vs $266,681 last year
Days on Market
67
⇧ 67.5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$124
⇧ 4.2% vs $119/sqft last year
Median Home Size
1,827 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 21 last year
  • Days on market: 67 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $241,175 (-4.4% YoY)
  • Average: $239,688 (-10.1% 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 33.8 miles — 106 listings ($28,961,841 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58203Grand Forks, ND 582030.0 mi20$5,086,720$249,900$254,336
56721East Grand Forks, MN 567219.8 mi20$7,115,840$319,900$355,792
58278Thompson, ND 5827813.5 mi3$2,655,000$885,000$885,000
58235Gilby, ND 5823517.2 mi2$269,000$134,500$134,500
56710Alvarado, MN 5671018.5 mi1$170,000$170,000$170,000
58275Reynolds, ND 5827519.6 mi1$294,500$294,500$294,500
56762Warren, MN 5676223.4 mi5$854,665$115,000$170,933
58251Larimore, ND 5825124.9 mi1$215,000$215,000$215,000
58267Northwood, ND 5826726.5 mi8$3,342,800$368,700$417,850
56523Climax, MN 5652328.1 mi2$289,000$144,500$144,500
56716Crookston, MN 5671632.1 mi33$6,410,316$190,000$194,252
58266Niagara, ND 5826632.2 mi2$495,000$247,500$247,500
58257Mayville, ND 5825733.8 mi8$1,764,000$238,500$220,500

Frequently Asked Questions

How many homes are for sale in GRAND FORKS, ND 58203?

As of February 2026, there are 18 active listings in GRAND FORKS, ND (zip code 58203), compared to 21 the prior year.

What is the median home price in GRAND FORKS, ND 58203?

The median listing price in GRAND FORKS, ND 58203 is $241,175 as of February 2026, a 4.4% decrease from $252,175 the prior year.

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

Homes in GRAND FORKS, ND 58203 spend an average of 67 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in GRAND FORKS, ND 58203?

Based on current inventory and days-on-market data as of February 2026, GRAND FORKS, ND 58203 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 67 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GRAND FORKS, ND 58203 save an estimated $4,824 compared to a typical 5% commission on the median listing price of $241,175. 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.