Penn, ND 58362 housing market
Data through Jan 2026 · Buyer's market · leverage 69
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Buyer Leverage Score
69
Feb 2024
Days on Market
177 days
Mar 2024
Price Cut %
0.0%
Mar 2024
Sale-to-List Ratio
98.2%
Mar 2020
Expected Disaster Loss
$88
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) (as of Feb 2024): homes sell for about 1.8% below their final list price (as of Mar 2020); 0% of listings had a price cut (U.S.: 26%) (as of Mar 2024).
- Disaster risk. FEMA expects about $88 a year in natural-disaster damage per $100k of building value (U.S.: $155).
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Other ZIP codes in Ramsey County, ND
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Devils Lake, ND 58301 | $247K | +7.5% | 96 |
| Edmore, ND 58330 | – | – | 31 |
| Crary, ND 58327 | – | – | 5 |
| Starkweather, ND 58377 | – | – | 35 |
| Brocket, ND 58321 | – | – | 17 |
| Lawton, ND 58345 | – | – | 71 |
| Webster, ND 58382 | – | – | 67 |
| Hampden, ND 58338 | – | – | 18 |
| Churchs Ferry, ND 58325 | – | – | – |