Williston, ND

There is no doubt that the Williston, ND metropolitan statistical area (MSA) has seen some incredible real estate trends over the past few years. The oil boom has brought an influx of people and money into the region, resulting in sky-high prices for both residential and commercial properties. While the recent downturn in oil prices has caused some slowdown in the market, it is still one of the hottest real estate markets in the country.

For those looking to buy a home in Williston, be prepared to pay top dollar. The median home price in the MSA is now over $400,000, and there is very little inventory available on the market. If you are able to find a property that meets your needs, expect to pay well above asking price and be prepared to move quickly. Commercial real estate prices have also skyrocketed in recent years, making Williston one of the most expensive places to rent or buy office space in the country.

Despite the high prices, there is still strong demand for both residential and commercial properties in Williston. The population continues to grow as people are drawn to the region by high-paying jobs in the oil industry. Even with the recent slowdown in activity, Williston is still one of the fastest-growing MSAs in the country.

If you are thinking about buying property in Williston, be prepared for a competitive market and high prices. However, you can also expect strong rental demand and healthy appreciation rates over time.