Wondering how the Grand Forks housing market is shaping up in 2025? You’re not alone. With so many buyers and sellers trying to navigate the twists and turns of the market, it’s tough to know what’s coming next. But let’s cut through the noise—I want you to have the best buying experience possible. I’m here to break it down and give you some insider tips to help you make smarter decisions as you look for your next home here in Grand Forks.
What’s the Market Buzz in Grand Forks Real Estate?
How is the Grand Forks housing market shaping up in 2025? Here’s the scoop: we’re currently at a 10-year low for active listings. That means fewer homes are on the market, creating more competition for buyers. With so many buyers and sellers trying to navigate this tight market, it’s tough to know what’s coming next. But don’t worry—I’m here to break it all down and give you some insider tips to help you make smarter decisions as you search for your next home here in Grand Forks.
What Does This Mean for You?
Here’s the deal: If you’re a first-time homebuyer, it’s still a good time to jump in. Sure, there may be some competition, but guess what? Grand Forks is a tight-knit community where homes don’t sit on the market forever. Whether you’re a veteran buyer or a local family looking to upsize, there are opportunities in every corner of this city. But remember, this market isn’t one-size-fits-all.
Insider Tip: The most important thing right now is to stay informed. If you’re not keeping up with the latest inventory in your price range, you might miss out on that perfect home. In fact, just a couple of months ago, a couple I was working with—first-time buyers—almost lost out on their dream home because they weren’t paying attention to the market shifts. We had to act fast, and thankfully, they scored a great deal. So, tip #1? Make sure you’re always in the loop.
Military Moves in the 2025 Market: What You Need to Know
Being a former Air Force member myself, I know the drill. PCS orders can shake up a family’s entire year. But I can tell you this: Grand Forks has some serious advantages for military families. With the Air Force Base here, you’ll always find homes that fit a variety of needs—whether you’re looking for something close to base or prefer a bit more space to spread out. What’s more, military families are seeing continued demand in the area as other members move in, and they tend to stay here longer. That means less fluctuation and more stability in the local market for you.
I recently helped a military family relocate from another state, and they were pretty nervous about navigating the market. But because I understood their unique needs and helped them lock in a spot that suited their lifestyle, they’ve been loving it here ever since. I’d say it was a win-win!
Pro Tip: If you’re relocating for a job or military reasons, don’t wait until you arrive to start looking. Begin your search early to save yourself time and stress. I can help you with virtual tours or narrow down potential areas before you even set foot in North Dakota. That’s what I call smart planning!
What’s Coming in the 2025 Market: More Homes, But…
You may have heard that there’s been a bit of a housing shortage around here. While the city is growing, it’s not growing too fast, and that means there’s less new construction. However, we’re seeing a few exciting developments pop up, and if you’re looking for something brand new, these could be just the ticket. Still, Grand Forks has some fantastic older homes with tons of character that you might want to take a look at. These gems may require a little work, but trust me, they’re worth it if you’re looking to build equity.
Let’s Talk Interest Rates
I know, I know—everyone’s tired of hearing about interest rates. But here’s the thing: They’re still hanging around that 6-7% mark, which is a little higher than what we’ve seen in the past couple of years. While this might feel like a bump in the road, don’t let it scare you away. With home prices remaining relatively steady in Grand Forks, the higher interest rates aren’t a deal-breaker for most buyers. It just means you might need to get a bit more creative with your financing.
Here’s something to think about—homeownership isn’t just about monthly payments. It’s about building equity over time and having a place to call your own. Yes, rates are higher than they were during the pandemic years, but owning a home in Grand Forks, where prices are still lower than in many larger cities, is still a solid investment.
Let’s Get Real About Your Next Move
So, what does all this mean for you? Whether you’re a first-time homebuyer, a military family, or a growing family looking for more space, the Grand Forks housing market in 2025 has opportunities for everyone. The key is staying proactive and connected to someone who knows the ins and outs of the local market. That’s where I come in—my goal is to make your home-buying journey as smooth as possible.
Ready to get started? Download my free 2025 Buyers Guide and start your home search today! You can also check out my Home Selling Guide, and Home Improvement Guide for free resources to help you navigate every step of your home journey. Follow me on Instagram for “Everything Grand Forks” and more.
If you have any questions or want to discuss your options, I would love to hear from you. Hit me up and let’s make your next move legendary. Living Legendary in North Dakota, that’s the goal!
