58420
$325,000median sale price
The 58420 zip code, located in Hankinson, ND, is currently classified as a balanced market. The median sale price stands at $325,000. Homes in this area spend an average of 47 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 58420 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
47
Average pace
Active listings
—
Sale-to-list
—
Below asking
Market trends
Market analysis for 58420
The 58420 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, market dynamics influence how quickly homes sell and at what price relative to their listing.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 58420 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
358
Median income
$105,000/yr
Median age
32.5 years
Owner-occupied
9630.0%
College grads
3160.0%
Living in 58420
Zip code 58420 is home to approximately 358 residents. The median household income is $105,000 per year, which shapes the types of homes and amenities available in the area. With a median age of 32.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 9630.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 3160.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 58420.
Frequently asked questions about 58420
What is the median home price in 58420?
The current median sale price in 58420 is $325,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 58420 a buyer's or seller's market?
The 58420 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 58420?
Zip code 58420 has a population of approximately 358 residents. The median household income is $105,000 per year. About 9630.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 58420?
Properties Incorporated provides comprehensive data for 58420 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 58420 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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