Minot, ND Foreclosures
Current Market Conditions in in Minot, ND As of April 2026?
In the past month, Minot’s real estate market has experienced slight fluctuations with a modest increase in home prices, reflecting a high demand due to seasonal factors. New listings have emerged, helping to balance the inventory available. The current market remains favorable for sellers, but buyers are finding that with recent price adjustments, opportunities are still available.
How much do homes sell for in Minot, ND?
The average home price is currently $392,895.
In Minot, ND, how many homes are available?
There are currently 49 active home listings available in Minot.
What’s the average rental cost in Minot, ND?
The average rental price in Minot is $1,182.
What is the most expensive home in Minot?
The most expensive home sold in Minot had a price of $36,595,352.
What is currently the cheapest priced home in Minot, ND?
The cheapest home for sale in Minot is priced at $11,000.
Living in Minot, ND
Minot, ND is a charming city characterized by its close-knit community, numerous parks, and cultural events. The annual North Dakota State Fair attracts many visitors, while the local amenities and schools cater to families and individuals alike. Outdoor activities along the Souris River add to the city's appeal, promoting an active lifestyle.
Buyer vs Seller Market in Minot, ND
The real estate market in Minot, ND has seen a steady increase in home prices over the past year, driven by population growth and economic development in the region. This growth is attributed to the oil industry and a thriving agricultural sector, attracting new residents and boosting demand for housing.
Currently, the market remains competitive, with a variety of options available for both buyers and renters. The city offers a mix of single-family homes, townhouses, and apartments, catering to different preferences and budgets.
Home Value Estimator For Minot, ND
There are currently 19,475 real estate properties
in Minot, ND,
with a median automated valuation model (AVM) price
of $272,160.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Minot, ND, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Minot, ND,
is $392,895.00, with the most expensive house
in Minot, ND, topping out
at $36,595,352.00 and the cheapest home
in Minot, ND,
clocking in at $11,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Minot, ND!
Rent Prices
In Minot, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Minot, ND, is on
a rollercoaster ride. The
average rent price in Minot, ND,
is $1,182.00. Indeed, when looking to rent in
Minot, ND, you can expect to pay as little
as $440.00 or as much
as $2,260.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Minot, ND
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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