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Is Park River, ND 58270 a buyer’s or seller’s market?

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

Park River is a seller’s market. With about 2.6 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.

Months of supply2.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list85.1%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$129▲ +24.2% vs. last year

The Park River housing market right now

In the three months ending August 31, 2026, 0% of homes in Park River, ND 58270 sold above their list price, the typical home went under contract in 51 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 (98 days then) and the median sale price rose 40% to $199,913. Overall, Park River is more competitive than a year ago, so tougher for buyers.

Run the numbers for 58270

Prefilled for 58270Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58270Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Adams 58210 — /sq ftEdinburg 58227 — /sq ftFairdale 58229 — /sq ftFordville 58231 — /sq ft Browse all markets →

Towns like Park River nearby

Find towns like Park River in other states →
Cavalier, ND58220 · 27 miles away89% similarVery close on income, prices and more Langdon, ND58249 · 39 miles away89% similarVery close on income, prices and more Drayton, ND58225 · 28 miles away84% similarcheaper homes ($43K less) · smaller Grafton, ND58237 · 15 miles away83% similarlarger · younger residents

Where Park River is

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Questions about Park River real estate

Is Park River a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in Park River, ND 58270 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 Park River?

The typical home went under contract in 51 days in the latest three months.

Do homes in Park River sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 85.1% of the list price.

What are property taxes in Park River?

About 1.07% of a home’s value a year in Walsh County, or roughly $4,280 on a $400,000 home.

What is the median home price in Park River?

The median sale price was $199,913 in the three months ending August 31, 2026, about $129 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