Is Northwood, ND 58267 a buyer’s or seller’s market?
Northwood is a seller’s market. With about 0.8 months of supply and 0% 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.
The Northwood housing market right now
In the three months ending August 31, 2026, 0% of homes in Northwood, ND 58267 sold above their list price, the typical home went under contract in 50 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 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 more slowly (17 days then) and the median sale price rose 3% to $229,401. Overall, Northwood is less competitive than a year ago, which gives buyers more room.
Within Grand Forks County, homes here sell more slowly 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 58267
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 →Towns like Northwood nearby
Find towns like Northwood in other states →Where Northwood is
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Questions about Northwood real estate
Is Northwood a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Northwood, ND 58267 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 Northwood?
The typical home went under contract in 50 days in the latest three months.
Do homes in Northwood sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Northwood?
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 Northwood?
The median sale price was $229,401 in the three months ending August 31, 2026, about $161 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