Mandan Housing Market - March 2022
by Rebecca Sabot © 2022
Mandan is seeing lower inventory this year compared to last but not as large of a drop as Bismarck. The median number of days on the market when looking at last March is the same. Active listings are similar to last year but there is a drop in new listings compared to last year. Year over year numbers show that homes are selling faster than last year. Average prices are up slightly over last year but the median sale price is more affordable than Bismarck. If you are considering a Mandan home, you might fare better than those looking over the river.
If you want to buy a home this year make sure to act fast and be ready to write your offer quickly. When selling, remember you are in the drivers seat. f you want to work with a realtor experienced in making the most of multiple offer situations, reach out.
Data provided by the Bismarck Mandan Board of REALTORS®