Is Mandan, ND 58554 a buyer’s or seller’s market?
Mandan is a seller’s market. With about 3.3 months of supply and 20% 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.
More competitive than 54% of U.S. ZIP codes, and #12 of 20 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mandan housing market right now
In the three months ending August 31, 2026, 20% of homes in Mandan, ND 58554 sold above their list price, the typical home went under contract in 26 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 87 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold more slowly (23 days then) and the median sale price rose 4% to $343,851. Overall, Mandan is less competitive than a year ago, which gives buyers more room.
Within Morton County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Mandan ranks #12 of 20 ND ZIP codes with enough sales (score 53 out of 100).
Nearby, buyers who want less competition could look at Hebron 58638 (0% sold over asking) or Glen Ullin 58631 (0% sold over asking), while New Salem 58563 (67% sold over asking) is even more competitive.
Run the numbers for 58554
Nearby markets
Almont 58520 — /sq ftFlasher 58535 $27 /sq ftGlen Ullin 58631Seller’s market $128 /sq ftHebron 58638Seller’s market $83 /sq ft Browse all markets →Towns like Mandan nearby
Find towns like Mandan in other states →Where Mandan is
Loading map…
Questions about Mandan real estate
Is Mandan a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Mandan, ND 58554 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 Mandan?
The typical home went under contract in 26 days in the latest three months.
Do homes in Mandan sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Mandan?
About 1.02% of a home’s value a year in Morton County, or roughly $4,080 on a $400,000 home.
What is the median home price in Mandan?
The median sale price was $343,851 in the three months ending August 31, 2026, about $165 per square foot.
Local agents
See all agents in 58554 →No sponsored agents in 58554 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 58554
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology