Is Colfax, ND 58018 a buyer’s or seller’s market?

The Colfax housing market right now

In the three months ending August 31, 2026, 50% of homes in Colfax, ND 58018 sold above their list price, the typical home went under contract in 246 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold more slowly (238 days then) and the median sale price rose 147% to $857,129. Overall, Colfax is about as competitive as it was a year ago.

Within Richland County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Walcott 58077 (0% sold over asking) or Mooreton 58061 (0% sold over asking), while Christine 58015 (100% sold over asking) is even more competitive.