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Is Reynolds, ND 58275 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Reynolds is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 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 market61Listing to accepted offer
Median price per sq ft$259▲ +46.2% vs. last year

The Reynolds housing market right now

In the three months ending August 31, 2026, 0% of homes in Reynolds, ND 58275 sold above their list price and the typical home went under contract in 61 days. With only 1 sale, 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 (23 days then) and the median sale price rose 17% to $349,749. Overall, Reynolds is less competitive than a year ago, which gives buyers more room.

Within Grand Forks County, homes here sell more slowly than in 67% 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 58275

Prefilled for 58275Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58275Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 Reynolds is

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Questions about Reynolds real estate

How fast do homes sell in Reynolds?

The typical home went under contract in 61 days in the latest three months.

Do homes in Reynolds sell over asking?

0% of homes sold above their original list price.

What are property taxes in Reynolds?

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 Reynolds?

The median sale price was $349,749 in the three months ending August 31, 2026, about $259 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