Luverne, ND 58056 housing market
Data through Jan 2026 · Balanced market · leverage 69
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Buyer Leverage Score
69
Dec 2025
Months of Supply
6.1 months
Nov 2023
Days on Market
174 days
Jan 2026
Price Cut %
0.0%
Jan 2026
Sale-to-List Ratio
100.0%
Nov 2023
Expected Disaster Loss
$131
Dec 2025
What this means
- Supply. There are 0% more homes for sale than the 2017-19 norm, so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (69/100; U.S.: 54): homes typically sell at or above asking (100.0% of list) (as of Nov 2023); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $131 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from tornadoes, hail and wind.
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Other ZIP codes in Steele County, ND
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Hatton, ND 58240 | $223.6K | +11.7% | 15 |
| Portland, ND 58274 | $259.6K | +9.0% | 59 |
| Hope, ND 58046 | – | – | 93 |
| Finley, ND 58230 | – | – | 22 |
| Sharon, ND 58277 | – | – | 27 |