Is Hatton, ND 58240 a buyer’s or seller’s market?

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

Hatton 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-list—Sold price ÷ list price

Median days on market25Listing to accepted offer

Median price per sq ft$137▲ +11.8% vs. last year

The Hatton housing market right now

In the three months ending August 31, 2026, 0% of homes in Hatton, ND 58240 sold above their list price, the typical home went under contract in 25 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 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 fell from 14%, homes sold more slowly (20 days then) and the median sale price fell 36% to $114,900. Overall, Hatton is less competitive than a year ago, which gives buyers more room.

About the area

Steele County, ND

Population	991
Median income	$85,950
Average income	$99,099
Median home value	$168,600
Median rent	$770/month
Owner-occupied	84% of homes
Median year built	1965

Natural hazard riskWinter storms (very high), hail (very high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 58240; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 58240

Prefilled for 58240Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58240Over-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 ft Hope 58046Buyer’s market $78 /sq ft Portland 58274 — /sq ft Sharon 58277 $34 /sq ft Browse all markets →

Where Hatton is

Loading map…

Questions about Hatton real estate

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

A buyer’s market: there were 9.6 months of supply in Hatton, ND 58240 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 Hatton?

The typical home went under contract in 25 days in the latest three months.

Do homes in Hatton sell over asking?

0% of homes sold above their original list price.

What are property taxes in Hatton?

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 Hatton?

The median sale price was $114,900 in the three months ending August 31, 2026, about $137 per square foot.

Local agents

See all agents in 58240 →

No sponsored agents in 58240 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 58240

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Steele County property taxes Steele County loan limits Closing costs in North Dakota Hottest ZIP codes in North Dakota

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="58240"><a href="https://offerbacked.com/market/58240">Hatton, ND 58240 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

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