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Is Gwinner, ND 58040 a buyer’s or seller’s market?

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

Gwinner 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 list33.3%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$108▲ +37.8% vs. last year

The Gwinner housing market right now

In the three months ending August 31, 2026, 33% of homes in Gwinner, ND 58040 sold above their list price, the typical home went under contract in 67 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 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (28 days then) and the median sale price rose 117% to $227,402. Overall, Gwinner is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Rutland 58067 (0% sold over asking) or Forman 58032 (0% sold over asking).

Run the numbers for 58040

Prefilled for 58040Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58040Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cayuga 58013 — /sq ftForman 58032Buyer’s market $87 /sq ftMilnor 58060Seller’s market $167 /sq ftRutland 58067 $122 /sq ft Browse all markets →

Towns like Gwinner nearby

Find towns like Gwinner in other states →
Lisbon, ND58054 · 16 miles away58% similarlarger · older residents Milnor, ND58060 · 9 miles away44% similarcheaper homes ($41K less) · older residents Lamoure, ND58458 · 35 miles away33% similarcheaper homes ($36K less) · older residents Oakes, ND58474 · 28 miles away27% similarcheaper homes ($48K less) · larger

Where Gwinner is

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Questions about Gwinner real estate

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

A buyer’s market: there were 6.4 months of supply in Gwinner, ND 58040 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 Gwinner?

The typical home went under contract in 67 days in the latest three months.

Do homes in Gwinner sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.

What are property taxes in Gwinner?

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 Gwinner?

The median sale price was $227,402 in the three months ending August 31, 2026, about $108 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