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Is Hope, ND 58046 a buyer’s or seller’s market?

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

Hope is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market73Listing to accepted offer
Median price per sq ft$78▲ +56.5% vs. last year

The Hope housing market right now

In the three months ending August 31, 2026, 0% of homes in Hope, ND 58046 sold above their list price, the typical home went under contract in 73 days and there were 9.6 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.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (6 days then) and the median sale price rose 4% to $147,436. Overall, Hope is less competitive than a year ago, which gives buyers more room.

Run the numbers for 58046

Prefilled for 58046Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58046Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Finley 58230Seller’s market $102 /sq ftHatton 58240Buyer’s market $137 /sq ftPortland 58274 — /sq ftSharon 58277 $34 /sq ft Browse all markets →

Where Hope is

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Questions about Hope real estate

Is Hope a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Hope, ND 58046 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 Hope?

The typical home went under contract in 73 days in the latest three months.

Do homes in Hope sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.

What are property taxes in Hope?

About 1.01% of a home’s value a year in Steele County, or roughly $4,040 on a $400,000 home.

What is the median home price in Hope?

The median sale price was $147,436 in the three months ending August 31, 2026, about $78 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