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Is Glenburn, ND 58740 a buyer’s or seller’s market?

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

Glenburn is a seller’s market. With about 1.6 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 supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$102▼ −25.1% vs. last year

The Glenburn housing market right now

In the three months ending August 31, 2026, 0% of homes in Glenburn, ND 58740 sold above their list price, the typical home went under contract in 31 days and there were 1.6 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 was about the same (0% then), homes sold faster (218 days then) and the median sale price fell 46% to $219,855. Overall, Glenburn is more competitive than a year ago, so tougher for buyers.

Run the numbers for 58740

Prefilled for 58740Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58740Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carpio 58725Seller’s market $91 /sq ftMohall 58761Buyer’s market $106 /sq ftTolley 58787 $144 /sq ft Browse all markets →

Where Glenburn is

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Questions about Glenburn real estate

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

A seller’s market: there were 1.6 months of supply in Glenburn, ND 58740 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 Glenburn?

The typical home went under contract in 31 days in the latest three months.

Do homes in Glenburn sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Glenburn?

About 0.68% of a home’s value a year in Renville County, or roughly $2,720 on a $400,000 home.

What is the median home price in Glenburn?

The median sale price was $219,855 in the three months ending August 31, 2026, about $102 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