What is a typical home worth in 58701?

Typical homes in Minot are valued at $292,424, reflecting a 3.6% increase over the past year.

How long do homes take to sell in Minot?

The median days on market is 45, meaning homes typically need that long to find a buyer.

Are sellers reducing prices in 58701?

22.5% of current listings have experienced a price cut, suggesting some adjustment is occurring as homes remain on the market.

Market Intelligence · ND / Minot

Minot, ND 58701 Housing Market

A typical home in Minot, ND 58701 is worth $292,424, up 3.6% over the past year. The median list price sits at $390,000, with homes taking a median 45 days to sell.

Updated August 2026Median value$290K

The median home value in Minot, ND 58701 is $290K as of August 2026, up 3.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 58701 range

$267K to $314K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.5% over 12 months

Aug 2025$281K

Low $281KHigh $290K

Aug 2026$290K

The numbers

What is the 58701 housing market like?

As of August 2026

Typical home value

$290K

3.5%YoY

Median list price

$390K

2.9%MoM

Days on market

36.4%MoM

Homes for sale

16.9%MoM

Price cuts

22.5%

119.3%MoM

New listings

0.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 58701 home prices compare?

58701$290,296
Minot$280,685
North Dakota$249,444
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Minot: 2 ZIPs; North Dakota: 111 ZIPs; United States: 26,265 ZIPs).

Context

Minot's housing market shows steady underlying appreciation, though listing activity suggests a more measured pace. There are 69 homes for sale with 40 new listings recently added. The median time on market of 45 days is moderate, and 22.5% of listings have seen price reductions. For sellers, this indicates a market where pricing strategy matters and homes aren't moving as quickly as they might in a faster seller's market.

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