388 new listings - down 9%
1,284 active listings - down 2%
249 closed - down 14%
227 pending sales - down 6%
$331,186 average sales price - up 9%
Our blog covers local market statistics, community happenings, and other real estate topics. Please reach out if you have any questions at all. We’d love to talk with you!
YouTube Channel: https://www.youtube.com/@Homes701
Visit us on Instagram: thor_the_big_black_dog | 701Drone
388 new listings - down 9%
1,284 active listings - down 2%
249 closed - down 14%
227 pending sales - down 6%
$331,186 average sales price - up 9%
Parade of Homes September 25th -28th, 2025
Thursday, September 25 - 5:00-8:00 pm
Friday, September 26 - 5:00 - 8:00 pm
Saturday, September 27 - 11:00 am - 5:00 pm
Sunday, September 28 - 12:00 noon - 5:00 pm
Purchase parade tickets at any of the homes along the parade route by cash, check or BMHBA Venmo. Tickets are $10.00 for adults, children are free with a PARENT or GUARDIAN admission.
Register to win
Visiting your final parade home, complete the contact information on your printed ticket, and drop it into a black ballot box located at each parade home. You will be entered for a chance to win one of two grand prizes.
See our open houses during the parade.
ND Homeowners: What You Need to Know About the Primary Residence Credit
If you're a homeowner in North Dakota, there's some great news that could help lower your property tax bill—thanks to the Primary Residence Credit (PRC). https://www.tax.nd.gov/prc
What Is the Primary Residence Credit?
The PRC was originally introduced in the 2023 Legislative Session under House Bill 1158, and was later updated in 2025 under House Bill 1176. This credit gives North Dakota homeowners the chance to receive up to $1,600 off their annual property tax bill.
The best part? It’s available to all qualifying homeowners who apply and are approved through the North Dakota Office of State Tax Commissioner.
Who Qualifies?
To take advantage of the PRC, you must:
Once approved, the credit will be applied directly to your property tax statement, reducing your out-of-pocket expenses—something every homeowner can appreciate.
Moved Recently? Here's What to Do
If you’ve recently moved but still own your home in North Dakota and want to transfer your PRC to your new residence, the process is simple. You’ll need:
Once you have that information ready, head to the application portal and follow the prompts to update your address and transfer the credit.
Final Thoughts
Whether you're a first-time buyer or have lived in your home for years, don’t miss out on this valuable credit. Saving up to $1,600 on property taxes each year is a big deal—and it’s just one more reason why owning a home in North Dakota makes financial sense.
If you're planning a move or have questions about how the PRC could affect your home purchase or sale, feel free to reach out.
As autumn gently settles over Mandan, city officials invite residents to participate in the environmentally conscious Free Fall Landfill Week—running from Monday, September 15 through Saturday, September 20, from 8 a.m. to 4:45 p.m. each day cityofmandan.com (https://www.cityofmandan.com/?sec=36d665d3-f0fc-467d-8705-87bf2d13b72f&utm_source=chatgpt.com).
What’s Offered
• Mandan residents can dispose of furniture, appliances, and other accepted debris—completely free of charge when delivered to the landfill cityofmandan.com (https://www.cityofmandan.com/?sec=36d665d3-f0fc-467d-8705-87bf2d13b72f&utm_source=chatgpt.com).
• Note: There's no curbside pickup—you’ll need to transport items directly to the landfill cityofmandan.com (https://www.cityofmandan.com/?sec=36d665d3-f0fc-467d-8705-87bf2d13b72f&utm_source=chatgpt.com).
Important Guidelines Before You Go
• Bring ID with proof of city address to verify eligibility cityofmandan.com
• Appliances must be cleaned—all food residue or debris should be removed before dropping them off cityofmandan.com
• Tire fees apply:
◦ $4 per car tire, or $15 per truck tire.
◦ Larger tractor, semi-trailer, or heavy-equipment tires incur regular rates
• Prohibited Items:
◦ No building or construction materials (e.g., sheetrock, shingles, siding).
◦ No hazardous waste (pesticides, insecticides, harsh cleaners).
◦ Paints only accepted in solid form—make them solid by mixing with sand, kitty litter, wood chips, or sawdust and fully drying in advance
Location & Logistics
• The landfill is about 3 miles west of Mandan on Business Loop I‑94, then ½ mile south on County Road 82, followed by 1 mile west
• Be sure to tie down or tarp your load. Unsecured loads can be refused, and are subject to a $25 fine under state law
Why It Matters
Free Fall Landfill Week is more than a convenient disposal opportunity—it’s a community-driven effort to reduce waste, prevent roadside litter, and promote responsible disposal. It helps keep Mandan clean, supports the landfill’s efficient operations, and encourages mindful disposal habits.
Dates
Sept 15–20, 2025 (Mon–Sat)
Hours
8:00 a.m. – 4:45 p.m. daily
Who benefits
Mandan residents (with ID/proof of address)
Accepted items
Furniture, appliances (cleaned), solid paint, tires (fees apply)
Not accepted
Construction debris, hazardous waste, liquid paint
Location
~3 miles west of Mandan, via Business Loop I‑94
Fees
Tires only—others free if rules followed
If your home was damaged in the devastating tornadoes that swept through North Dakota between June 19 and 27, 2025, there’s some good news: the North Dakota Association of REALTORS® (NDAR) is offering financial assistance through the REALTORS® Relief Foundation (RRF).
NDAR has secured $50,000 in RRF funding to help North Dakota residents whose primary, owner-occupied residences were significantly affected by the storms. Homeowners can receive up to $1,000 in aid to help with expenses like mortgage payments, rent at a new location, or hotel costs. Even homeowners with paid-off mortgages can apply for up to $500.
This grant is first-come, first-served, and the application deadline is August 27, 2025.
Who Can Apply?
How to Apply:
To apply, complete the online application form, gather the necessary supporting documents, and email your submission to info@ndrealtors.com. If you have questions or need help with the application process, you can reach NDAR at the same email or call 701-355-1010. Be sure to include “RRF” in the subject line of your email to ensure it’s processed quickly.
If you’ve been impacted by the June tornadoes, this grant could provide crucial financial relief during a difficult time.
Deadline: August 27, 2025!
One of the biggest financial decisions you'll make is whether to rent or buy a home. There’s no one-size-fits-all answer—it depends on your lifestyle, finances, and long-term goals. Here’s a quick breakdown to help you decide which path makes the most sense for you.
When Renting Makes Sense
• Flexibility: If you’re unsure about where you want to live long-term, renting gives I you the freedom to move without the hassle of selling a home.
• Lower Upfront Costs: Renting typically requires just a security deposit and the first month’s rent, while buying involves a down payment, closing costs, and more.
• Less Responsibility: Renters aren’t on the hook for major repairs, property taxes, or homeowners insurance.
When Buying Makes Sense
• Building Equity: Every mortgage payment builds ownership in your home, which can grow in value over time.
• Stability: Owning means no rent hikes, and you can personalize your space without a landlord’s approval.
• Long-Term Investment: Buying can be a smart financial move if you plan to stay in one place for several years.
Bottom Line:
Renting offers convenience and flexibility, while buying offers stability and long-term financial benefits. Evaluate your financial health, job stability, and lifestyle goals before making your move.
Still not sure what’s best for you? Talk to a local real estate expert—you don’t have to make the decision alone.
When buying a home, many buyers are introduced to the concept of a home warranty. It’s not the same as homeowners insurance, and understanding what it covers can help you decide if it’s a smart addition to your real estate investment.
What Is a Home Warranty?
A home warranty is a service contract that covers the repair or replacement of major systems and appliances in your home due to normal wear and tear. Typically, these contracts are valid for one year and can be renewed annually.
What Does It Cover?
While specific coverage can vary by provider and plan, most home warranties cover:
What’s Not Covered?
Home warranties generally do not cover:
Is It Worth It?
For new homeowners, especially those buying older homes, a home warranty can offer peace of mind and financial protection. It’s also a popular negotiating tool—sellers may include it to sweeten a deal.
Final Thoughts
Before choosing a plan, compare providers, read the fine print, and understand what’s truly covered. A home warranty can be a valuable safety net, but only if it meets your specific needs.
Thinking about adding a home warranty to your next purchase or sale? Contact us to discuss!
Entering into a real estate contract is a serious commitment—especially in North Dakota, where property laws are clear about buyer and seller obligations. But what happens if one party defaults on the agreement?
1. Legal Definition of Default
In real estate, a "default" typically means failing to perform duties agreed upon in the contract—like not securing financing, missing deadlines, or backing out without a legal contingency (e.g., financing, inspection).
2. Buyer Defaults
If a buyer defaults in North Dakota, the seller often has the right to:
3. Seller Defaults
If the seller defaults, the buyer may:
4. Importance of Contract Terms
Most contracts in North Dakota include clauses that spell out remedies in case of default. These provisions guide how disputes are handled and what compensation may be due.
5. Prevention Tips
Final Thoughts
Real estate contracts are legally binding in North Dakota, and defaulting can carry real consequences. If you're unsure of your obligations or find yourself in a dispute, consult with a real estate attorney to protect your rights and interests.
Entering into a real estate contract is a serious commitment—especially in North Dakota, where property laws are clear about buyer and seller obligations. But what happens if one party defaults on the agreement?
1. Legal Definition of Default
In real estate, a "default" typically means failing to perform duties agreed upon in the contract—like not securing financing, missing deadlines, or backing out without a legal contingency (e.g., financing, inspection).
2. Buyer Defaults
If a buyer defaults in North Dakota, the seller often has the right to:
3. Seller Defaults
If the seller defaults, the buyer may:
4. Importance of Contract Terms
Most contracts in North Dakota include clauses that spell out remedies in case of default. These provisions guide how disputes are handled and what compensation may be due.
5. Prevention Tips
Final Thoughts
Real estate contracts are legally binding in North Dakota, and defaulting can carry real consequences. If you're unsure of your obligations or find yourself in a dispute, consult with a real estate attorney to protect your rights and interests.
Pricing your home correctly from the start is crucial—but what happens if your listing sits on the market with little activity? It might be time to consider a price reduction. Here are a few signs that lowering your asking price could help get your home sold:
1. You’re Getting Showings, But No Offers
If buyers are touring your home but walking away without making offers, the price might not reflect the perceived value. Feedback from showings can help pinpoint if price is the issue.
2. Your Home Has Been on the Market for 30+ Days Without Much Interest
In most markets, the first 30 days are critical. If your listing is stagnating, buyers may assume something is wrong—or that it’s overpriced.
3. Comparable Homes Are Selling Faster—For Less
If similar homes in your neighborhood are selling quickly at lower prices, buyers will likely choose them over yours. Keep a close eye on local comps and adjust accordingly.
4. You’ve Already Made Improvements and Staged Your Home
If you've updated, cleaned, and staged—and still aren’t getting traction—a price change might be your best next move.
Timing is Everything
The longer your home sits on the market, the more it risks becoming "stale." A well-timed price reduction, based on market data and professional advice, can renew interest and attract serious buyers.
Need help deciding? A local real estate agent can analyze current trends and guide you on when—and how much—to adjust for maximum impact.