58572

Balanced market+100.0% YoY

$489,900median sale price

The 58572 zip code, located in Hankinson, ND, is currently classified as a balanced market. The median sale price stands at $489,900, representing a +100.0% change year over year. Homes in this area spend an average of 17 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 58572 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

17

Fast-moving

Active listings

Sale-to-list

Below asking

Market trends

Market analysis for 58572

The 58572 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 58572 have increased +100.0% compared to last year, suggesting continued demand and potential for further appreciation. 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

337

Median income

$81,563/yr

Median age

57.6 years

Owner-occupied

9470.0%

College grads

2710.0%

Living in 58572

Zip code 58572 is home to approximately 337 residents. The median household income is $81,563 per year, which shapes the types of homes and amenities available in the area. With a median age of 57.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 9470.0% 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 2710.0% 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 58572.

Frequently asked questions about 58572

What is the median home price in 58572?

The current median sale price in 58572 is $489,900, based on recent Redfin transaction data. Prices have changed +100.0% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 58572 a buyer's or seller's market?

The 58572 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 58572?

Zip code 58572 has a population of approximately 337 residents. The median household income is $81,563 per year. About 9470.0% 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 58572?

Properties Incorporated provides comprehensive data for 58572 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 58572 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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