Is Manvel, ND 58256 a buyer’s or seller’s market?
Manvel is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Manvel housing market right now
In the three months ending August 31, 2026, 0% of homes in Manvel, ND 58256 sold above their list price, the typical home went under contract in 34 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is 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 was about the same (0% then), homes sold faster (54 days then) and the median sale price rose 3% to $288,325. Overall, Manvel is more competitive than a year ago, so tougher for buyers.
Within Grand Forks County, homes here sell faster than in 56% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Grand Forks 58203 (14% sold over asking) and Grand Forks 58201 (6% sold over asking) are even more competitive.
Run the numbers for 58256
Nearby markets
Arvilla 58214Seller’s market $221 /sq ftEmerado 58228Balanced $146 /sq ftGilby 58235 — /sq ftGrand Forks 58201Seller’s market $263 /sq ft Browse all markets →Where Manvel is
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Questions about Manvel real estate
Is Manvel a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Manvel, ND 58256 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 Manvel?
The typical home went under contract in 34 days in the latest three months.
Do homes in Manvel sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Manvel?
About 1.15% of a home’s value a year in Grand Forks County, or roughly $4,600 on a $400,000 home.
What is the median home price in Manvel?
The median sale price was $288,325 in the three months ending August 31, 2026, about $112 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