Is Coleharbor, ND 58531 a buyer’s or seller’s market?
Coleharbor is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Coleharbor housing market right now
In the three months ending August 31, 2026, 0% of homes in Coleharbor, ND 58531 sold above their list price, the typical home went under contract in 110 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 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 more slowly (19 days then) and the median sale price fell 55% to $459,751. Overall, Coleharbor is less competitive than a year ago, which gives buyers more room.
Within McLean County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Washburn 58577 (17% sold over asking) is even more competitive.
Run the numbers for 58531
Nearby markets
Benedict 58716 $116 /sq ftGarrison 58540Balanced $207 /sq ftMax 58759 — /sq ftMercer 58559Seller’s market $273 /sq ft Browse all markets →Where Coleharbor is
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Questions about Coleharbor real estate
Is Coleharbor a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Coleharbor, ND 58531 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 Coleharbor?
The typical home went under contract in 110 days in the latest three months.
Do homes in Coleharbor sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.
What are property taxes in Coleharbor?
About 0.76% of a home’s value a year in McLean County, or roughly $3,040 on a $400,000 home.
What is the median home price in Coleharbor?
The median sale price was $459,751 in the three months ending August 31, 2026, about $231 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