New Listing
29
$123,900
8 Westfield Cir
Minot, ND 58701
2 bd2 ba1,036 sqft$120/ft²
Condo
View photos & details
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Sarah Mitchell
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Compass Real Estate · Minot, ND
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Minot, ND(512) 555-0184TX License #0512847
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Minot, ND Housing Market & Real Estate
Seller's market+8.6% YoY
Housing market overview · Updated monthly ·
$290,000median sale price
How is the Minot, ND housing market right now?
The median home sale price in Minot, ND is $290,000, up 8.6% year-over-year. Homes sell in an average of 38 days with 134 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Minot a buyer's or seller's market?
Seller's market1.9 months of supply38 avg. days on market
Minot, ND is currently a seller's market, based on 1.9 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
71
Last 12 weeks
Days on market
38
Average pace
Active listings
134
1.9 months supply
Sale-to-list
98.3%
Below asking
What does the Minot housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $290,000 |
| Median list price | $301,700 |
| Year-over-year price change | +8.6% |
| Average days on market | 38 days |
| Active inventory | 134 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $150/sq ft |
| Homes sold (latest month) | 71 |
| New listings (latest month) | 78 |
| Listings with a price cut | 14.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Minot by property type?
How the Minot, ND market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $294,500 | $151/sq ft | 54 | 40 days |
| Condo / Co-op | $167,000 | $128/sq ft | 7 | 13 days |
| Townhouse | $295,000 | $186/sq ft | 7 | 67 days |
Source: Redfin · Updated monthly
The Minot housing market is currently classified as a seller's market with a median sale price of $290,000. Prices have risen 8.6% compared to last year, with homes spending an average of 38 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Minot
There are currently 134 homes listed for sale in Minot, North Dakota. The median listing price is $302K. Featured listings range from $123,900 to $1,200,000.
New Listing
33
$235,000
624 19th St NW
Minot, ND 58703
2 bd2 ba1,344 sqft$175/ft²
House7,405 sqft lot
View photos & details
New Listing
31
$249,500
1108 16th St NW
Minot, ND 58703
4 bd2 ba2,080 sqft$120/ft²
House7,013 sqft lot
View photos & details
New Listing
24
$259,900
2039 5th St NW
Minot, ND 58703
7 bd4 ba3,024 sqft$86/ft²
Multi-family10,367 sqft lot
View photos & details
New Build
30
$295,000
2412 Landmark Dr
Minot, ND 58703
2 bd2 ba1,247 sqft$237/ft²
Townhouse3,485 sqft lot
View photos & details
New Build
27
$295,000
2404 Landmark Dr
Minot, ND 58703
2 bd2 ba1,247 sqft$237/ft²
Townhouse3,485 sqft lot
View photos & details
New Listing
42
$325,000
200 SW 11th St
Minot, ND 58701
4 bd3 ba2,852 sqft$114/ft²
House8,451 sqft lot
View photos & details
New Build
26
$338,400
2228 23rd Ave SW
Minot, ND 58701
3 bd2 ba1,591 sqft$213/ft²
House5,663 sqft lot
View photos & details
New Build
20
$350,900
2224 23rd Ave NW Unit Eisenhower
Minot, ND 58703
4 bd3 ba2,137 sqft$164/ft²
House5,706 sqft lot
View photos & details
New Listing
29
$385,000
2541 Ivory St
Minot, ND 58703
4 bd3 ba2,120 sqft$182/ft²
House6,839 sqft lot
View photos & details
New Listing
42
$499,900
3500 Waggle Way SE
Minot, ND 58701
4 bd3 ba3,168 sqft$158/ft²
Townhouse16,291 sqft lot
View photos & details
New Listing
50
$1,200,000
1005 15th Ave SE
Minot, ND 58701
8 bd4 ba4,968 sqft$242/ft²
House37,462 sqft lot
View photos & details
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Active listings
134
Homes on market
Median list price
$302K
Avg. days on market
38
Days until sale
New this week
78
Newly listed
Price drops:14.2%of listings
Sale-to-list:98.3%
Who lives in Minot?
Population
47,922
Median income
$77,431/yr
Median age
33.6 years
Owner-occupied
58.3%
College grads
29.9%
Avg commute
18.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Minot?
Zillow home value
$282,148
Zillow rent index
$1,143/mo
Price-to-rent ratio
20.6x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Minot?
Minot is a community of approximately 48K residents with a median age of 33.6 years.The median household income is $77,431, which reflects a relatively affluent area with strong earning potential. 29.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.3%, showing a blend of owner and renter-occupied properties. The average commute time is 18.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Minot offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Minot?
23 schools tracked · 8,139 students
The largest public schools serving Minot, ND by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CENTRAL CAMPUS SCHOOL
Grades 9-10 · 1,048 students
MAGIC CITY CAMPUS HIGH SCHOOL
Grades 11-12 · 967 students
JIM HILL MIDDLE SCHOOL
Grades 6-8 · 850 students
ERIK RAMSTAD MIDDLE SCHOOL
Grades 6-8 · 686 students
EDISON ELEMENTARY SCHOOL
Grades PK-5 · 448 students
LONGFELLOW ELEMENTARY SCHOOL
Grades PK-5 · 432 students
JOHN HOEVEN ELEMENTARY SCHOOL
Grades PK-5 · 428 students
LEWIS AND CLARK ELEMENTARY SCHOOL
Grades PK-5 · 416 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Minot, ND?
Want a head-to-head view? Compare Minot side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Minot?
Is Minot a good real estate investment market?
For investors evaluating Minot, the price-to-rent ratio of 20.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Minot's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Minot's median home price.
Frequently asked questions
What is the average home price in Minot?
The median home sale price in Minot is $290,000, up 8.6% from last year.
How long do homes stay on market in Minot?
Homes typically spend 38 days on market before going under contract.
What is the median income in Minot?
The median household income is $77,431 per year.
Is Minot a buyer's or seller's market?
With 1.9 months of supply, Minot is currently a seller's market.
How many homes are for sale in Minot?
There are currently 134 homes listed for sale in Minot, ND.
What is the Zillow home value estimate for Minot?
The Zillow Home Value Index (ZHVI) for Minot is $282,148, representing the typical home value in the area.
What is the median condo price in Minot?
The median condo/co-op sale price in Minot, ND is $167,000, compared to $294,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Minot?
The median single-family home price in Minot, ND is $294,500 (about $151 per square foot).
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