New Listing
29
$123,900
8 Westfield Cir
Minot, ND 58701
2 bd2 ba1,036 sqft$120/ft²
Condo
View photos & details
Brokers — List your Company Here
Featured local agent — Minot, ND
Example placement
Sarah Mitchell
CNESRESABR
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
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Minot, ND Housing Market
Seller's market+3.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Minot, ND is worth $280,355, rose 3.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $290,000, +8.6% year over year (through May 2026). With 1.9 months of supply and homes going under contract in about 38 days, Minot is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $280,355 home is about $1,497/mo in principal and interest.
Key numbers for Minot, ND
Typical home value
$280,355
+3.3% in 12 months
Zillow, August 2026
Typical asking rent
$1,260/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$290,000
+8.6% year over year
Redfin, through May 2026
Days on market
38
Average pace
Redfin, through May 2026
Active listings
134
1.9 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$77,431
Home costs 3.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.3%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Minot a buyer's or seller's market?
Seller's market1.9 months of supply38 days on market98.3% of asking
Minot, ND is a seller's market, based on 1.9 months of supply and homes selling in about 38 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Minot housing market data show?
Every row below is Redfin's final published month for Minot, ND. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $290,000 |
| Median list price | $301,700 |
| Year-over-year price change | +8.6% |
| Median price per sq ft | $150/sq ft |
| Median days on market | 38 days |
| Active inventory | 134 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 98.3% |
| Homes sold (that month) | 71 |
| New listings (that month) | 78 |
| Listings with a price cut | 14.2% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Minot is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Minot is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Minot home prices moved?
Over the last three years the median sale price in Minot, ND rose 18.4%, from $245,000 to $290,000. The live Zillow value series has rose 3.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 14.2% of Minot listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.9 months while the sale-to-list ratio slips below its current 98.3%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Minot market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Minot?
Priced off the typical home value of $280,355 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $56,071 | $224,284 | $1,497/mo |
| 5% | $14,018 | $266,337 | $1,777/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,497, that implies roughly $64,144 a year before you add taxes and insurance. The median household in Minot earns $77,431, about $13,287 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.6x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Minot in the next 12 months?
Tell us your timeline. We send the Minot market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Minot?
Typical asking rent in Minot, ND is $1,260/mo, against a typical home value of $280,355. That is a price-to-rent ratio of 18.5x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,497 a month — $237 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Minot?
Active listings in Minot, ND went from 123 in May 2025 to 134 in May 2026, a +8.9% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 145 | 87 |
| July 2025 | 156 | 90 |
| August 2025 | 157 | 64 |
| September 2025 | 149 | 69 |
| October 2025 | 163 | 71 |
| November 2025 | 146 | 33 |
| December 2025 | 123 | 28 |
| January 2026 | 125 | 51 |
| February 2026 | 126 | 52 |
| March 2026 | 134 | 66 |
| April 2026 | 137 | 78 |
| May 2026 | 134 | 78 |
Redfin, through May 2026
How does Minot compare to North Dakota and the U.S.?
Minot homes sell for $290,000 — 7% below the North Dakota median of $311,200. Against the national median of $410,700, Minot runs 29% lower. Year-over-year, Minot moved +8.6% against North Dakota's +6.0% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Minot, ND | $290,000 | +8.6% | 38 days |
| North Dakota statewide | $311,200 | +6.0% | 44 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Minot
What buyers should watch
- Months of supply, currently 1.9. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 14.2%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $281 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $280,355 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Minot listing goes under contract in 38 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Minot added 78 new listings against 71 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +3.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Minot varies more than the citywide median suggests — check the ZIP pages below before you set a number.
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
Looking to buy in Minot?
Get connected with a local real estate expert — free, no obligation.
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%
How much do homes cost in Minot by property type?
How the Minot, ND market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| 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 |
Who lives in Minot?
American Community Survey estimates for Minot. U.S. Census ACS, 2023
Population
47,922
Households
21,080
Median income
$77,431/yr
Median age
33.6 years
Owner-occupied
58.3%
Median home value
$254,400
Median gross rent
$928/mo
Mean commute
18.6 min
58.3% of occupied homes in Minot are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $254,400 against Zillow's $280,355 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $928/mo, below Zillow's $1,260/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
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?
Ordered by distance from Minot, not by size. Compare Minot side by side with any of them.
Which ZIP codes are in Minot?
These are the ZIP codes we see on active Minot listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Minot housing market FAQ
Is Minot a buyer's or seller's market?
Minot, ND is currently a seller's market. That read comes from 1.9 months of supply, homes going under contract in about 38 days, and sellers getting 98.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Minot?
The typical home in Minot, ND is worth $280,355 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $290,000, about $150 per square foot.
Is Minot cheaper than the rest of North Dakota?
Minot's median sale price of $290,000 is 7% lower than the North Dakota statewide median of $311,200, and 29% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Minot?
Homes in Minot, ND spent a median of 38 days on market before going under contract, versus 44 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Minot?
At the current 30-year fixed rate of 7.03%, 20% down on a $280,355 home is about $1,497 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $64,144 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $77,431.
Are home prices rising in Minot?
The typical home value in Minot, ND rose 3.3% over the last 12 months, from $271,493 to $280,355 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Minot?
Minot ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Minot?
That depends on your timeline, not on a headline. What the data says today: Minot, ND is a seller's market with 1.9 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.5x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Minot, ND
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Minot
Nearby markets
Get the Minot market brief
Get the Minot, ND market brief
One email: what homes are actually clearing at around $280,355, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.