Is Tolley, ND 58787 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Tolley 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-list—Sold price ÷ list price

Median days on market381Listing to accepted offer

Median price per sq ft$144▼ −49.0% vs. last year

The Tolley housing market right now

In the three months ending August 31, 2026, 0% of homes in Tolley, ND 58787 sold above their list price and the typical home went under contract in 381 days. 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 was about the same (0% then), homes sold more slowly (22 days then) and the median sale price rose 117% to $184,820. Overall, Tolley is less competitive than a year ago, which gives buyers more room.

About the area

Renville County, ND

Population	83
Median income	$78,281
Average income	$64,463
Owner-occupied	86% of homes
Median year built	2002

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 58787; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 58787

Prefilled for 58787Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58787Over-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 ft Glenburn 58740Seller’s market $102 /sq ft Mohall 58761Buyer’s market $106 /sq ft Browse all markets →

Where Tolley is

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Questions about Tolley real estate

How fast do homes sell in Tolley?

The typical home went under contract in 381 days in the latest three months.

Do homes in Tolley sell over asking?

0% of homes sold above their original list price.

What are property taxes in Tolley?

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 Tolley?

The median sale price was $184,820 in the three months ending August 31, 2026, about $144 per square foot.

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More tools for 58787

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Renville County property taxes Renville County loan limits Closing costs in North Dakota Hottest ZIP codes in North Dakota

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