New Salem, ND Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in New Salem, ND is $92,450, down 35.1% year-over-year. Homes sell in an average of 126 days with 3 active listings. The market is currently a seller's market.
$92,450median sale price
Is New Salem a buyer's or seller's market?
New Salem, ND is currently a seller's market, based on 1.5 months of supply and homes selling in about 126 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
126
Average pace
Active listings
3
1.5 months supply
Sale-to-list
—
Below asking
New Salem, ND market data
| Metric | Value |
|---|---|
| Median sale price | $92,450 |
| Median list price | $189,900 |
| Year-over-year price change | -35.1% |
| Average days on market | 126 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The New Salem housing market is currently classified as a seller's market with a median sale price of $92,450. Prices have fallen 35.1% compared to last year, with homes spending an average of 126 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in New Salem
There are currently 3 homes listed for sale in New Salem, North Dakota. The median listing price is $190K.
Active listings
3
Homes on market
Median list price
$190K
Avg. days on market
126
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in New Salem?
The median home sale price in New Salem is $92,450, down 35.1% from last year.
How long do homes stay on market in New Salem?
Homes typically spend 126 days on market before going under contract.
Is New Salem a buyer's or seller's market?
With 1.5 months of supply, New Salem is currently a seller's market.
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