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Is Hazen, ND 58545 a buyer’s or seller’s market?

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

Hazen is a seller’s market. With about 3.6 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.

Months of supply3.6Under 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 market34Listing to accepted offer
Median price per sq ft$114▲ +14.6% vs. last year

The Hazen housing market right now

In the three months ending August 31, 2026, 0% of homes in Hazen, ND 58545 sold above their list price, the typical home went under contract in 34 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold faster (74 days then) and the median sale price fell 8% to $230,650. Overall, Hazen is more competitive than a year ago, so tougher for buyers.

Nearby, Beulah 58523 (14% sold over asking) is even more competitive.

Run the numbers for 58545

Prefilled for 58545Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58545Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Beulah 58523Balanced $135 /sq ftGolden Valley 58541 — /sq ftStanton 58571Seller’s market $70 /sq ftZap 58580 $55 /sq ft Browse all markets →

Towns like Hazen nearby

Find towns like Hazen in other states →
Beulah, ND58523 · 10 miles away79% similaryounger residents Garrison, ND58540 · 24 miles away76% similarpricier homes ($25K more) · older residents New Salem, ND58563 · 37 miles away74% similarsmaller · 10 min longer commute Washburn, ND58577 · 28 miles away71% similarpricier homes ($57K more) · smaller

Where Hazen is

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Questions about Hazen real estate

Is Hazen a buyer’s or seller’s market?

A seller’s market: there were 3.6 months of supply in Hazen, ND 58545 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 Hazen?

The typical home went under contract in 34 days in the latest three months.

Do homes in Hazen sell over asking?

0% of homes sold above their original list price.

What are property taxes in Hazen?

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

What is the median home price in Hazen?

The median sale price was $230,650 in the three months ending August 31, 2026, about $114 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