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Is Cavalier, ND 58220 a buyer’s or seller’s market?

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

Cavalier is a seller’s market. With about 1 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list95.9%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$125▲ +20.6% vs. last year

The Cavalier housing market right now

In the three months ending August 31, 2026, 10% of homes in Cavalier, ND 58220 sold above their list price, the typical home went under contract in 15 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (27 days then) and the median sale price rose 4% to $192,417. Overall, Cavalier is about as competitive as it was a year ago.

Within Pembina County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 75%.

Nearby, buyers who want less competition could look at Walhalla 58282 (0% sold over asking) or Pembina 58271 (0% sold over asking), while Neche 58265 (50% sold over asking) is even more competitive.

Run the numbers for 58220

Prefilled for 58220Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58220Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bathgate 58216 — /sq ftCrystal 58222 $183 /sq ftDrayton 58225 — /sq ftMountain 58262 — /sq ft Browse all markets →

Towns like Cavalier nearby

Find towns like Cavalier in other states →
Park River, ND58270 · 27 miles away89% similarVery close on income, prices and more Grafton, ND58237 · 30 miles away79% similarcheaper homes ($28K less) · larger Langdon, ND58249 · 29 miles away74% similarcheaper homes ($35K less) · older residents Drayton, ND58225 · 26 miles away70% similarcheaper homes ($62K less) · smaller

Where Cavalier is

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Questions about Cavalier real estate

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

A seller’s market: there was 1 months of supply in Cavalier, ND 58220 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 Cavalier?

The typical home went under contract in 15 days in the latest three months.

Do homes in Cavalier sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.

What are property taxes in Cavalier?

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

What is the median home price in Cavalier?

The median sale price was $192,417 in the three months ending August 31, 2026, about $125 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