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Downtown Eastwood Park Minot Commercial Historic District

MINOT, ND 58701

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

Neighborhoods in ZIP 58701

Downtown · Eastwood Park · Minot Commercial Historic District

Market Analysis

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

The MINOT, ND real estate market (58701) currently shows 78 active listings, with 35 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 70 days on market compared to 86 days last year.

The median listing price has risen 9.1% year-over-year, from $315,000 to $343,625.

Whether you are buying or selling in MINOT, 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: 32,855  ·  Density: 53.8/mi²  ·  Median household income: $74,753

Typical home value: $262,123  ·  Homeownership: 60.4%

Market Overview

Active Listings
78
⇧ 5.4% vs 74 last year
Pending
35
45% pending ratio
Median Price
$343,625
⇧ 9.1% vs $315,000 last year
Average Price
$384,131
⇧ 1.2% vs $379,496 last year
Days on Market
70
⇩ 18.6% vs 86 days last year

Price Per Square Foot

Median $/sqft
$170
⇧ 32.8% vs $128/sqft last year
Median Home Size
2,009 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 78 this year vs 74 last year
  • Days on market: 70 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $343,625 (+9.1% YoY)
  • Average: $384,131 (+1.2% 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 41.0 miles — 116 listings ($45,154,265 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
58701Minot, ND 587010.0 mi80$29,550,960$322,450$369,387
58781Sawyer, ND 5878111.9 mi1$94,900$94,900$94,900
58785Surrey, ND 5878515.8 mi11$3,666,025$365,000$333,275
58790Velva, ND 5879019.3 mi3$704,850$234,950$234,950
58759Max, ND 5875920.5 mi1$224,900$224,900$224,900
58741Granville, ND 5874124.4 mi1$78,500$78,500$78,500
58731Deering, ND 5873126.4 mi1$179,900$179,900$179,900
58779Ryder, ND 5877928.3 mi1$685,000$685,000$685,000
58771Plaza, ND 5877130.7 mi1$710,000$710,000$710,000
58744Karlsruhe, ND 5874434.0 mi1$425,000$425,000$425,000
58531Coleharbor, ND 5853138.9 mi2$1,374,900$687,450$687,450
58540Garrison, ND 5854040.3 mi9$7,049,430$774,900$783,270
58788Towner, ND 5878841.0 mi4$409,900$75,950$102,475

Frequently Asked Questions

How many homes are for sale in MINOT, ND 58701?

As of February 2026, there are 78 active listings in MINOT, ND (zip code 58701), compared to 74 the prior year.

What is the median home price in MINOT, ND 58701?

The median listing price in MINOT, ND 58701 is $343,625 as of February 2026, a 9.1% increase from $315,000 the prior year.

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

Homes in MINOT, ND 58701 spend an average of 70 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in MINOT, ND 58701?

Based on current inventory and days-on-market data as of February 2026, MINOT, ND 58701 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 70 days on market compared to 86 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MINOT, ND 58701 save an estimated $6,873 compared to a typical 5% commission on the median listing price of $343,625. 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.