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Is Devils Lake, ND 58301 a buyer’s or seller’s market?

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

Devils Lake is a buyer’s market. With about 10.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.9Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.9%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$154▼ −51.1% vs. last year

The Devils Lake housing market right now

In the three months ending August 31, 2026, 0% of homes in Devils Lake, ND 58301 sold above their list price, the typical home went under contract in 70 days and there were 10.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 (97 days then) and the median sale price rose 52% to $279,879. Overall, Devils Lake is more competitive than a year ago, so tougher for buyers.

Run the numbers for 58301

Prefilled for 58301Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58301Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Churchs Ferry 58325 — /sq ftEdmore 58330 $56 /sq ftWebster 58382Buyer’s market — /sq ft Browse all markets →

Towns like Devils Lake nearby

Find towns like Devils Lake in other states →
Cando, ND58324 · 30 miles away50% similarcheaper homes ($48K less) · smaller New Rockford, ND58356 · 27 miles away45% similarcheaper homes ($82K less) · smaller Lakota, ND58344 · 27 miles away43% similarcheaper homes ($46K less) · smaller Saint Michael, ND58370 · 9 miles away32% similarcheaper homes ($103K less) · smaller

Where Devils Lake is

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Questions about Devils Lake real estate

Is Devils Lake a buyer’s or seller’s market?

A buyer’s market: there were 10.9 months of supply in Devils Lake, ND 58301 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 Devils Lake?

The typical home went under contract in 70 days in the latest three months.

Do homes in Devils Lake sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.

What are property taxes in Devils Lake?

About 0.99% of a home’s value a year in Ramsey County, or roughly $3,960 on a $400,000 home.

What is the median home price in Devils Lake?

The median sale price was $279,879 in the three months ending August 31, 2026, about $154 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