Is Pembina, ND 58271 a buyer’s or seller’s market?

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

Pembina is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 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 market18Listing to accepted offer
Median price per sq ft$70

The Pembina housing market right now

In the three months ending August 31, 2026, 0% of homes in Pembina, ND 58271 sold above their list price, the typical home went under contract in 18 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Within Pembina County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Neche 58265 (50% sold over asking) and Cavalier 58220 (10% sold over asking) are even more competitive.

Nearby markets

Bathgate 58216 — /sq ftCavalier 58220Seller’s market $125 /sq ftCrystal 58222 $183 /sq ftDrayton 58225 — /sq ft Browse all markets →

Where Pembina is

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Questions about Pembina real estate

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

A buyer’s market: there were 16 months of supply in Pembina, ND 58271 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 Pembina?

The typical home went under contract in 18 days in the latest three months.

Do homes in Pembina sell over asking?

0% of homes sold above their original list price.

What are property taxes in Pembina?

About 1.01% of a home’s value a year in Pembina County, or roughly $4,040 on a $400,000 home.

What is the median home price in Pembina?

The median sale price was $87,962 in the three months ending August 31, 2026, about $70 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