Is Powers Lake, ND 58773 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Powers Lake 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Powers Lake housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Burke County, ND

Population	1,036
Median income	$103,750
Average income	$152,969
Median home value	$262,500
Median rent	$1,095/month
Owner-occupied	82% of homes
Median year built	1970

Natural hazard riskWinter storms (very high), hail (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 58773; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 58773

Prefilled for 58773Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58773Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bowbells 58721Buyer’s market $93 /sq ft Columbus 58727 — /sq ft Flaxton 58737 — /sq ft Lignite 58752 $70 /sq ft Browse all markets →

Towns like Powers Lake nearby

Find towns like Powers Lake in other states →

Ray, ND58849 · 32 miles away77% similarolder residents · more apartments and townhomes Stanley, ND58784 · 24 miles away44% similarlarger · 10 min shorter commute Kenmare, ND58746 · 27 miles away43% similarlower income ($33K less) · cheaper homes ($113K less) Crosby, ND58730 · 31 miles away34% similarcheaper homes ($105K less) · older residents

Where Powers Lake is

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Questions about Powers Lake real estate

What are property taxes in Powers Lake?

About 0.54% of a home’s value a year in Burke County, or roughly $2,160 on a $400,000 home.

Local agents

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology