Is Buchanan, ND 58420 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Buchanan 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Buchanan housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Stutsman County, ND

Population	449
Median income	$114,583
Average income	$121,400
Median home value	$230,000
Owner-occupied	94% of homes
Median year built	1962

Natural hazard riskWinter storms (very high), hail (very high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 58420; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 58420

Prefilled for 58420Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58420Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Jamestown 58401Seller’s market $120 /sq ft Jamestown 58405 — /sq ft Kensal 58455 — /sq ft Medina 58467 — /sq ft Browse all markets →

Where Buchanan is

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Questions about Buchanan real estate

What are property taxes in Buchanan?

About 1.10% of a home’s value a year in Stutsman County, or roughly $4,400 on a $400,000 home.

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More tools for 58420

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Stutsman County property taxes Stutsman County loan limits Closing costs in North Dakota Hottest ZIP codes in North Dakota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology