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Is Belfield, ND 58622 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Belfield is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list101.4%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$140▲ +2.3% vs. last year

The Belfield housing market right now

In the three months ending August 31, 2026, 25% of homes in Belfield, ND 58622 sold above their list price, the typical home went under contract in 46 days and there were 4 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 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (185 days then) and the median sale price rose 11% to $262,386. Overall, Belfield is more competitive than a year ago, so tougher for buyers.

Run the numbers for 58622

Prefilled for 58622Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58622Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Medora 58645 — /sq ft Browse all markets →

Towns like Belfield nearby

Find towns like Belfield in other states →
Richardton, ND58652 · 39 miles away78% similarcheaper homes ($34K less) · 7 min shorter commute New England, ND58647 · 25 miles away65% similarsmaller · older residents Dickinson, ND58601 · 18 miles away36% similarpricier homes ($40K more) · larger

Where Belfield is

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Questions about Belfield real estate

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

A balanced market: there were 4 months of supply in Belfield, ND 58622 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 Belfield?

The typical home went under contract in 46 days in the latest three months.

Do homes in Belfield sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.

What are property taxes in Belfield?

About 0.37% of a home’s value a year in Billings County, or roughly $1,480 on a $400,000 home.

What is the median home price in Belfield?

The median sale price was $262,386 in the three months ending August 31, 2026, about $140 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