Is Towner, ND 58788 a buyer’s or seller’s market?
Towner is a seller’s market. With about 1.6 months of supply and 0% 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.
The Towner housing market right now
In the three months ending August 31, 2026, 0% of homes in Towner, ND 58788 sold above their list price, the typical home went under contract in 97 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, 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 (30 days then) and the median sale price fell 32% to $73,968. Overall, Towner is less competitive than a year ago, which gives buyers more room.
Within McHenry County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Velva 58790 (25% sold over asking) is even more competitive.
Run the numbers for 58788
Nearby markets
Deering 58731 — /sq ftDrake 58736 $252 /sq ftGranville 58741 — /sq ftKarlsruhe 58744Seller’s market $60 /sq ft Browse all markets →Where Towner is
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Questions about Towner real estate
Is Towner a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Towner, ND 58788 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 Towner?
The typical home went under contract in 97 days in the latest three months.
Do homes in Towner 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 Towner?
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 Towner?
The median sale price was $73,968 in the three months ending August 31, 2026, about $41 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