Is Norwich, ND 58768 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market279Listing to accepted offer
Median price per sq ft$219

The Norwich housing market right now

In the three months ending August 31, 2026, 0% of homes in Norwich, ND 58768 sold above their list price and the typical home went under contract in 279 days. With only 1 sale, these figures can swing a lot from month to month.

The median sale price was $549,262, or about $219 per square foot.

Within McHenry County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Velva 58790 (25% sold over asking) is even more competitive.

Nearby markets

Deering 58731 — /sq ftDrake 58736 $252 /sq ftGranville 58741 — /sq ftKarlsruhe 58744Seller’s market $60 /sq ft Browse all markets →

Where Norwich is

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Questions about Norwich real estate

How fast do homes sell in Norwich?

The typical home went under contract in 279 days in the latest three months.

Do homes in Norwich sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Norwich?

About 0.66% of a home’s value a year in McHenry County, or roughly $2,640 on a $400,000 home.

What is the median home price in Norwich?

The median sale price was $549,262 in the three months ending August 31, 2026, about $219 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