Is Forman, ND 58032 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Forman is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.8%Sold price ÷ list price
Median days on market313Listing to accepted offer
Median price per sq ft$87

The Forman housing market right now

In the three months ending August 31, 2026, 0% of homes in Forman, ND 58032 sold above their list price, the typical home went under contract in 313 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Nearby, Gwinner 58040 (33% sold over asking) and Milnor 58060 (33% sold over asking) are even more competitive.

Nearby markets

Cayuga 58013 — /sq ftGwinner 58040Buyer’s market $108 /sq ftMilnor 58060Seller’s market $167 /sq ftRutland 58067 $122 /sq ft Browse all markets →

Where Forman is

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Questions about Forman real estate

Is Forman a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Forman, ND 58032 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Forman?

The typical home went under contract in 313 days in the latest three months.

Do homes in Forman sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.

What are property taxes in Forman?

About 1.12% of a home’s value a year in Sargent County, or roughly $4,480 on a $400,000 home.

What is the median home price in Forman?

The median sale price was $210,909 in the three months ending August 31, 2026, about $87 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology