Is Watford City, ND 58854 a buyer’s or seller’s market?
Watford City is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 29% of U.S. ZIP codes, and #19 of 20 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Watford City housing market right now
In the three months ending August 31, 2026, 9% of homes in Watford City, ND 58854 sold above their list price, the typical home went under contract in 17 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold faster (40 days then) and the median sale price fell 21% to $357,345. Overall, Watford City is less competitive than a year ago, which gives buyers more room.
On our competition score, Watford City ranks #19 of 20 ND ZIP codes with enough sales (score 33 out of 100).
Nearby, buyers who want less competition could look at Arnegard 58835 (0% sold over asking) or Alexander 58831 (0% sold over asking).
Run the numbers for 58854
Nearby markets
Alexander 58831Seller’s market $300 /sq ftArnegard 58835Buyer’s market $274 /sq ftGrassy Butte 58634 — /sq ftKeene 58847 — /sq ft Browse all markets →Towns like Watford City nearby
Find towns like Watford City in other states →Where Watford City is
Loading map…
Questions about Watford City real estate
Is Watford City a buyer’s or seller’s market?
A buyer’s market: there were 6.1 months of supply in Watford City, ND 58854 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 Watford City?
The typical home went under contract in 17 days in the latest three months.
Do homes in Watford City sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Watford City?
About 0.43% of a home’s value a year in McKenzie County, or roughly $1,720 on a $400,000 home.
What is the median home price in Watford City?
The median sale price was $357,345 in the three months ending August 31, 2026, about $206 per square foot.
Local agents
See all agents in 58854 →No sponsored agents in 58854 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 58854
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology