Metropolitan Statistical Area (MSA):
Wahpeton, ND-MN is a Metropolitan Statistical Area (MSA) comprising counties including .
There is no doubt that the Wahpeton, ND-MN metropolitan statistical area (MSA) has seen some drastic changes in its housing market over the past few years. The most notable change has been the decrease in home prices, which has made it a buyer's market. According to Zillow, the median home value in Wahpeton is $132,100, which is a decrease of nearly 8% from last year. This decrease in home values can be attributed to several factors, including the declining oil prices and job losses in the area. Despite these challenges, there are still some positive trends happening in the Wahpeton housing market. One of these trends is an increase in new construction. According to The Bismarck Tribune, there has been a surge in new construction projects throughout Wahpeton and the surrounding areas. This is likely due to the fact that builders are able to offer more competitive prices than they could a few years ago. Another positive trend happening in Wahpeton's housing market is an increase in sales of existing homes. This could be due to buyers feeling more confident about their ability to get a good deal on a home as prices continue to decline. Overall, it's clear that there have been some major changes in Wahpeton's housing market over the past few years. However, there are also some positive trends emerging that suggest things may be starting to turn around for this community