Market Intelligence · ND / Minot

Minot, ND 58703 Housing Market

Homes in Minot, ND 58703 are worth a median of $270,540, up 3.0% over the past year. The median list price is $307,425, with homes staying on the market for a median of 45 days as of September 2026.

Updated September 2026Median value$271K

The median home value in Minot, ND 58703 is $271K as of September 2026, up 3.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 58703 range

$249K to $292K

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

+3.0% over 12 months

Sep 2025$263K

Low $263KHigh $271K

Sep 2026$271K

The numbers

What is the 58703 housing market like?

As of September 2026

Typical home value

$271K

3.0%YoY

Median list price

$307K

3.9%MoM

Days on market

7.1%MoM

Homes for sale

19.4%MoM

Price cuts

27.0%

55.3%MoM

New listings

21.4%MoM

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

The outlook

58703 housing market forecast 2027

+0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 58703 to rise 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 58703 rose 3.0%, per the Zillow Home Value Index.

Will home prices drop in 58703?

Zillow's forecast does not call for a drop: it expects typical home values in 58703 to rise 0.8% by September 2027, after a 3.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 58703 home prices compare?

58703$270,540
Minot$280,221
North Dakota$247,768
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Minot: 2 ZIPs; North Dakota: 111 ZIPs; United States: 26,262 ZIPs).

Context

The Minot market shows steady conditions with 74 homes for sale and 44 new listings as of September 2026. The median days on market of 45 suggests properties are moving at a moderate pace. However, 27.0% of listings have seen price cuts, indicating some seller adjustments as inventory levels shift. While home values are up 3.0% year-over-year, the prevalence of price reductions suggests buyers have room to negotiate and should not feel rushed.

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Down payment20% · $54,108

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Common questions

What people ask us.

What is the median home value in 58703?

The typical home value in Minot, ND 58703 is $270,540, up 3.0% over the past year as of September 2026.

How long do homes typically stay on the market?

Homes in this ZIP code have a median days on market of 45 as of September 2026.

Are home prices dropping in this area?

About 27.0% of listings have experienced price cuts, which reflects active negotiation in the current market.

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Nearby ZIP markets.

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