Palermo, ND 58769 housing market
Data through Jan 2026 · Balanced market · leverage 39
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Buyer Leverage Score
39
Jan 2022
Months of Supply
3.1 months
Jan 2022
Days on Market
121 days
Jan 2022
Price Cut %
0.0%
Jan 2022
Sale-to-List Ratio
75.4%
Jul 2022
Expected Disaster Loss
$74
Dec 2025
What this means
- Supply. Listings are 33% below the 2017-19 norm and falling (−50% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is moderate (39/100; U.S.: 54) (as of Jan 2022): homes sell for about 24.6% below their final list price (as of Jul 2022); 0% of listings had a price cut (U.S.: 26%) (as of Jan 2022).
- Disaster risk. FEMA expects about $74 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Mountrail County, ND
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| New Town, ND 58763 | – | – | 45 |
| Stanley, ND 58784 | $207.3K | −0.8% | 80 |
| Parshall, ND 58770 | – | – | 55 |
| Plaza, ND 58771 | – | – | 5 |
| Ross, ND 58776 | – | – | 68 |
| White Earth, ND 58794 | – | – | 69 |