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Is Newburg, ND 58762 a buyer’s or seller’s market?

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

Newburg is a seller’s market. With about 3.2 months of supply and 100% 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 supply3.2Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft$46▼ −36.2% vs. last year

The Newburg housing market right now

In the three months ending August 31, 2026, 100% of homes in Newburg, ND 58762 sold above their list price and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, 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 50%, homes sold more slowly (52 days then) and the median sale price fell 25% to $160,930. Overall, Newburg is less competitive than a year ago, which gives buyers more room.

Nearby, buyers who want less competition could look at Souris 58783 (0% sold over asking) or Lansford 58750 (0% sold over asking).

Run the numbers for 58762

Prefilled for 58762Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58762Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bottineau 58318Buyer’s market $176 /sq ftKramer 58748 — /sq ftLansford 58750Seller’s market $151 /sq ftMaxbass 58760 — /sq ft Browse all markets →

Where Newburg is

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Questions about Newburg real estate

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

A seller’s market: there were 3.2 months of supply in Newburg, ND 58762 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

Do homes in Newburg sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.

What are property taxes in Newburg?

About 0.72% of a home’s value a year in Bottineau County, or roughly $2,880 on a $400,000 home.

What is the median home price in Newburg?

The median sale price was $160,930 in the three months ending August 31, 2026, about $46 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