Michigan, ND 58259 housing market
Data through Jan 2026 · Seller's market · leverage 31
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Buyer Leverage Score
31
Jan 2025
Months of Supply
3.0 months
Feb 2024
Days on Market
124 days
Jan 2025
Price Cut %
0.0%
Jan 2025
Sale-to-List Ratio
100.0%
May 2024
Expected Disaster Loss
$128
Dec 2025
What this means
- Supply. Listings are 60% below the 2017-19 norm and falling (−50% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (31/100; U.S.: 54) (as of Jan 2025): homes typically sell at or above asking (100.0% of list) (as of May 2024); 0% of listings had a price cut (U.S.: 26%) (as of Jan 2025).
- Disaster risk. FEMA expects about $128 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 Nelson County, ND
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Lakota, ND 58344 | – | – | 41 |
| Mcville, ND 58254 | – | – | 2 |
| Tolna, ND 58380 | – | – | 65 |
| Aneta, ND 58212 | – | – | 85 |
| Pekin, ND 58361 | – | – | – |
| Petersburg, ND 58272 | – | – | 23 |
| Dahlen, ND 58224 | – | – | 72 |