Horace, ND Housing Market
Horace, ND housing market: median sale price, days on market, sale-to-list and months of supply from NorthstarMLS closings, updated monthly.
The Horace, ND housing market by the numbers: July through September 2026 closings compared with the same months a year earlier, from NorthstarMLS. Updated monthly; this report ran October 12, 2026.
How’s the Horace Housing Market?
From July through September 2026, Horace homes sold for a median $393,500, up 21.1% from a year earlier, after a median 64 days on the market. With 6.3 months of supply, Horace is a buyer’s market, just barely.
About a quarter of Horace sales spent 25 days or fewer on the market, and 47% of those homes sold over the asking price. Another quarter spent 124 days or more; 47% of those sold over asking.
Horace Housing Market Trends
- Median sale price: $393,500 (+21.1% vs. a year earlier)
- Homes sold: 60 (+46.3% vs. a year earlier)
- Median days on market: 64 (−22 days vs. a year earlier)
- Avg. sale-to-list: 100.4% (+0.3 pts vs. a year earlier)
- Sold over asking: 33% (−8 pts vs. a year earlier)
- Median price per sq ft: $197 (+7.7% vs. a year earlier)
Closed sales from July through September 2026, compared with July through September 2025. Days on market is NorthstarMLS's count for each closed sale; sale-to-list is the average of each sale price divided by its final list price.
Horace Home Prices Over Time
From July through September 2026, the median Horace home sold for $393,500: up 21.1% from the same months of 2025 ($324,900) and up 14.1% from 2023 ($345,000).
Each point is the median of the three months of closed sales ending that month, so the last point is this report’s figure.
| Sales closed | Median price | Homes sold | Days on market | Avg. sale-to-list |
|---|---|---|---|---|
| Jul–Sep 2026 | $393,500 | 60 | 64 | 100.4% |
| Jul–Sep 2025 | $324,900 | 41 | 86 | 100.1% |
| Jul–Sep 2024 | $336,948 | 50 | 35 | 100.7% |
| Jul–Sep 2023 | $345,000 | 53 | — | 100.3% |
Every three-month window, month by month
| Sales closed | Median price | Homes sold | Days on market | Avg. sale-to-list |
|---|---|---|---|---|
| Jul–Sep 2026 | $393,500 | 60 | 64 | 100.4% |
| Jun–Aug 2026 | $380,325 | 74 | 62 | 100.0% |
| May–Jul 2026 | $369,990 | 79 | 58 | 99.8% |
| Apr–Jun 2026 | $349,834 | 71 | 54 | 99.8% |
| Mar–May 2026 | $347,250 | 58 | 57 | 99.1% |
| Feb–Apr 2026 | $353,416 | 33 | 57 | 99.3% |
| Jan–Mar 2026 | $365,000 | 27 | 96 | 97.2% |
| Dec 2025–Feb 2026 | $427,000 | 25 | 168 | 99.6% |
| Nov 2025–Jan 2026 | $433,506 | 34 | 120 | 98.1% |
| Oct–Dec 2025 | $443,408 | 44 | 71 | 99.6% |
| Sep–Nov 2025 | $365,000 | 41 | 56 | 99.3% |
| Aug–Oct 2025 | $323,750 | 44 | 83 | 100.1% |
| Jul–Sep 2025 | $324,900 | 41 | 86 | 100.1% |
| Jun–Aug 2025 | $333,150 | 40 | 74 | 99.9% |
| May–Jul 2025 | $348,725 | 45 | 73 | 99.8% |
| Apr–Jun 2025 | $328,356 | 60 | 73 | 98.7% |
| Mar–May 2025 | $319,000 | 73 | 87 | 99.0% |
| Feb–Apr 2025 | $319,000 | 63 | 76 | 98.6% |
| Jan–Mar 2025 | $340,605 | 40 | 92 | 99.2% |
| Dec 2024–Feb 2025 | $430,375 | 38 | 73 | 100.3% |
| Nov 2024–Jan 2025 | $441,550 | 42 | 62 | 100.8% |
| Oct–Dec 2024 | $397,587 | 57 | 54 | 100.6% |
| Sep–Nov 2024 | $352,930 | 46 | 37 | 100.8% |
| Aug–Oct 2024 | $349,844 | 48 | 40 | 100.4% |
| Jul–Sep 2024 | $336,948 | 50 | 35 | 100.7% |
| Jun–Aug 2024 | $350,554 | 59 | 34 | 100.0% |
| May–Jul 2024 | $359,478 | 61 | — | 100.0% |
| Apr–Jun 2024 | $353,743 | 57 | — | 99.3% |
| Mar–May 2024 | $333,878 | 54 | — | 99.4% |
| Feb–Apr 2024 | $319,000 | 41 | — | 100.0% |
| Jan–Mar 2024 | $314,634 | 34 | — | 100.6% |
| Dec 2023–Feb 2024 | $345,500 | 38 | — | 100.6% |
| Nov 2023–Jan 2024 | $343,916 | 44 | — | 100.1% |
| Oct–Dec 2023 | $344,950 | 46 | — | 100.1% |
| Sep–Nov 2023 | $337,212 | 43 | — | 100.2% |
| Aug–Oct 2023 | $343,489 | 53 | — | 100.4% |
| Jul–Sep 2023 | $345,000 | 53 | — | 100.3% |
Is Horace a Buyer’s or Seller’s Market?
With 126 homes for sale on October 12, 2026 and 60 sold from July through September 2026, Horace has 6.3 months of supply: a buyer’s market. At 6.3 months of supply, it’s just over the 6-month line where a buyer’s market starts. Under 4 months is a seller’s market, 4 to 6 months is balanced, and over 6 months is a buyer’s market. 19% of the homes for sale had a price cut.
Horace Months of Supply by Price
Months of supply for each price range: the homes for sale on the report date against the last three months of sales. The tighter the supply, the more a seller is in charge.
| Price range | For sale | Sold, 3 mo | Months of supply | Market |
|---|---|---|---|---|
| Under $250K | 2 | 1 | 6.0 | Balanced |
| $250K–$350K | 32 | 18 | 5.3 | Balanced |
| $350K–$500K | 51 | 23 | 6.7 | Buyer’s |
| $500K–$750K | 23 | 11 | 6.3 | Buyer’s |
| $750K and up | 18 | 7 | 7.7 | Buyer’s |
In Horace, homes from $250K to $350K have the least supply (5.3 months) and homes at $750K and up the most (7.7 months).
Horace vs. Nearby Markets
Horace’s median sale price ($393,500) is higher than West Fargo’s ($369,319), Fargo’s ($318,000), and Moorhead’s ($281,000).
| City | Median sale price | Days on market | Avg. sale-to-list | Months of supply |
|---|---|---|---|---|
| Fargo, ND | $318,000 (+1.8% vs. 2025) | 26 | 99.5% | 3.6 (Seller’s) |
| West Fargo, ND | $369,319 (About flat vs. 2025) | 25 | 99.7% | 2.3 (Strong seller’s) |
| Moorhead, MN | $281,000 (About flat vs. 2025) | 33 | 99.1% | 4.1 (Balanced) |
| Horace, ND | $393,500 (+21.1% vs. 2025) | 64 | 100.4% | 6.3 (Buyer’s) |
The same three months of closed sales in each city; each price change compares the same months a year earlier. Months of supply: homes for sale on the report date against the last three months of sales.
Fargo-Moorhead Real Estate Market Update
Homes for Sale in Horace
The newest homes for sale in Horace, live from NorthstarMLS.
838 2nd Avenue, Horace, ND — $415,000 · Est. $2,098/mo · House for Sale · Rambler · 4 bed · 3 bath · 2,364 sqft · 0.214 ac lot · Active · M Premiere · Listed by Dakota Plains Realty
7902 Firefly Lane, Horace, ND — $695,000 · Est. $3,514/mo · House for Sale · Rambler · 5 bed · 3 bath · 3,488 sqft · 10,800 sqft lot · Active · M Premiere · Listed by Aspire Realty
6381 Saint Ann Avenue, Horace, ND — $389,900 · Est. $1,972/mo · House for Sale · Tri-Level · 3 bed · 3 bath · 2,094 sqft · 0.17 ac lot · Active · Listed by Aspire Realty
6216 86th Avenue S, Horace, ND — $438,500 · Est. $2,217/mo · House for Sale · Tri-Level · 4 bed · 3 bath · 2,180 sqft · 0.164 ac lot · Active · Listed by High Valley FM LLC
407 Southwood Drive, Horace, ND — $294,900 · Est. $1,491/mo · House for Sale · Two Story · 3 bed · 3 bath · 2,020 sqft · 0.384 ac lot · Active · Listed by RE/MAX Legacy Realty
224 Lionheart Drive, Horace, ND — $377,864 · Est. $1,911/mo · House for Sale · Two Story · New Build · 3 bed · 3 bath · 1,806 sqft · 8,218 sqft lot · Active · Listed by Thomsen Homes
See all 126 homes for sale in Horace
Schools in Horace
The schools assigned to the Horace homes for sale on October 12, 2026, and how many of those homes each one serves. Assignments come from each district’s attendance-boundary map; confirm enrollment with the district.
Elementary schools
- Horace Elementary School — 83 homes for sale
- Deer Creek Elementary School — 32 homes for sale
- Legacy Elementary School — 8 homes for sale
Middle schools
- Heritage Middle School — 123 homes for sale
High schools
- Horace High School — 123 homes for sale
More Horace Real Estate
What’s Your Horace Home Worth?
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Horace Housing Market FAQs
Is Horace a buyer's or seller's market right now?
Horace is a buyer’s market, just barely, with 6.3 months of supply in the report run October 12, 2026: 126 homes for sale against 60 sold from July through September 2026. Under 4 months is a seller’s market, 4 to 6 months is balanced, and over 6 months is a buyer’s market.
What is the median home price in Horace, ND?
Horace homes sold for a median $393,500 from July through September 2026, up 21.1% from a year earlier. The median list price of the homes for sale on October 12, 2026 was $420,600.
Are home prices going up in Horace?
Yes. Horace homes sold for a median $393,500 from July through September 2026, up 21.1% from the same months of 2025 ($324,900) and up 14.1% from 2023 ($345,000).
How fast do homes sell in Horace?
Horace homes that sold from July through September 2026 spent a median 64 days on the market (86 a year earlier). 33% sold for more than the asking price.
How often is this Horace housing market report updated?
Once a month. On the second Sunday of each month we take the last three full months of Horace closings from NorthstarMLS, compare them with the same months a year earlier, and count the homes for sale that day. The numbers stay the same until the next month's report.
Source: NorthstarMLS closed sales and listings, as distributed by MLS Grid. Months of supply: homes for sale divided by the last three months of sales, times three.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 5:36 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Modern Market REALTORS® — Jim Christl (Broker) & Shannon Barnum (Associate Broker). Serving Fargo, Moorhead, West Fargo, Horace, Detroit Lakes, and Minnesota lake country. Call (701) 205-5517.