Is Steele, ND 58482 a buyer’s or seller’s market?
Steele is a seller’s market. With about 3.2 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.
The Steele housing market right now
In the three months ending August 31, 2026, 0% of homes in Steele, ND 58482 sold above their list price, the typical home went under contract in 73 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 (70 days then) and the median sale price rose 29% to $399,827. Overall, Steele is about as competitive as it was a year ago.
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Questions about Steele real estate
Is Steele a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Steele, ND 58482 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 Steele?
The typical home went under contract in 73 days in the latest three months.
Do homes in Steele sell over asking?
0% of homes sold above their original list price.
What are property taxes in Steele?
About 0.58% of a home’s value a year in Kidder County, or roughly $2,320 on a $400,000 home.
What is the median home price in Steele?
The median sale price was $399,827 in the three months ending August 31, 2026, about $81 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