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Is Parshall, ND 58770 a buyer’s or seller’s market?

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

Parshall is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$249▲ +298.8% vs. last year

The Parshall housing market right now

In the three months ending August 31, 2026, 0% of homes in Parshall, ND 58770 sold above their list price, the typical home went under contract in 51 days and there were 4.8 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 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (13 days then) and the median sale price rose 458% to $697,148. Overall, Parshall is less competitive than a year ago, which gives buyers more room.

Run the numbers for 58770

Prefilled for 58770Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58770Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

New Town 58763Buyer’s market $676 /sq ftPlaza 58771 — /sq ftRoss 58776 — /sq ftStanley 58784Buyer’s market $118 /sq ft Browse all markets →

Towns like Parshall nearby

Find towns like Parshall in other states →
Burlington, ND58722 · 40 miles away59% similarpricier homes ($105K more) · younger residents New Town, ND58763 · 15 miles away47% similarpricier homes ($56K more) · larger Garrison, ND58540 · 32 miles away47% similarpricier homes ($58K more) · larger Stanley, ND58784 · 30 miles away40% similarhigher income ($51K more) · pricier homes ($88K more)

Where Parshall is

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Questions about Parshall real estate

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

A balanced market: there were 4.8 months of supply in Parshall, ND 58770 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 Parshall?

The typical home went under contract in 51 days in the latest three months.

Do homes in Parshall sell over asking?

0% of homes sold above their original list price.

What are property taxes in Parshall?

About 0.52% of a home’s value a year in Mountrail County, or roughly $2,080 on a $400,000 home.

What is the median home price in Parshall?

The median sale price was $697,148 in the three months ending August 31, 2026, about $249 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