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Is Mayville, ND 58257 a buyer’s or seller’s market?

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

Mayville is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market156Listing to accepted offer
Median price per sq ft$242▲ +115.6% vs. last year

The Mayville housing market right now

In the three months ending August 31, 2026, 0% of homes in Mayville, ND 58257 sold above their list price, the typical home went under contract in 156 days and there were 19.2 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 13%, homes sold more slowly (31 days then) and the median sale price rose 94% to $384,334. Overall, Mayville is less competitive than a year ago, which gives buyers more room.

Nearby, Buxton 58218 (50% sold over asking) and Hillsboro 58045 (14% sold over asking) are even more competitive.

Run the numbers for 58257

Prefilled for 58257Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58257Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blanchard 58009 — /sq ftBuxton 58218Balanced $160 /sq ftClifford 58016 — /sq ftCummings 58223 $276 /sq ft Browse all markets →

Towns like Mayville nearby

Find towns like Mayville in other states →
Grand Forks, ND58203 · 32 miles away68% similarlarger · more apartments and townhomes Northwood, ND58267 · 22 miles away60% similarhigher income ($28K more) · older residents East Grand Forks, MN56721 · 33 miles away59% similarpricier homes ($63K more) · larger Crookston, MN56716 · 39 miles away56% similarlarger · older residents

Where Mayville is

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Questions about Mayville real estate

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

A buyer’s market: there were 19.2 months of supply in Mayville, ND 58257 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 Mayville?

The typical home went under contract in 156 days in the latest three months.

Do homes in Mayville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.

What are property taxes in Mayville?

About 1.03% of a home’s value a year in Traill County, or roughly $4,120 on a $400,000 home.

What is the median home price in Mayville?

The median sale price was $384,334 in the three months ending August 31, 2026, about $242 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