Proven Realty | Brokered by eXp Realty
Weekly Bakken Read
66%
of investor home purchases in 2026 were made by small investors, a 15-year high
Main Street Is Out-Buying Wall Street
Small investors are everyday owners with 1 to 10 properties. New Realtor.com data shows they now make up two out of every three investor home purchases, while the big Wall Street funds are selling more than they buy.
~70%
Drop in buying by the biggest investors since 2021
55.5%
Of investor buys paid all cash, down from 67.9% in 2021
7.4%
Latest mortgage rate cited, so the deal must work on day one
What it means for you: less cash in the market gives a prepared, pre-approved buyer more room to negotiate.
"Small, patient, local money is what Western North Dakota rewards. Buy what still works at the bottom of the oil cycle, and count the top as a bonus."
Erik Peterson
Erik Peterson
Broker/Owner, Proven Realty · (701) 369-3949
Read: What It Means for Williston  →

OCTOBER CONTRACTOR SPECIAL · ENDS OCT 31
Shops now starting at $300,000
Phase 1 is nearing completion, and Schauer Construction is offering special pricing through October. Choose from 1,500 to 2,280 SF, each with 14 foot overhead doors, 16 foot sidewalls, heat and A/C, a 3/4 bath with shower, and a one-year builder warranty.
SCHEDULE A SHOWING   CALL ERIK
313 60TH AVE NW, WILLISTON, ND · OFF HWY 2
SHOWINGS WITH ERIK PETERSON, PROVEN REALTY · 701-369-3949
61
TOTAL UNITS, 3 PHASES
1,500–2,280
SQUARE FEET
11
BUILDINGS ON SITE
Fall '26
PHASE 1 DELIVERY
Shop Condo Special: October only, $300K.

Bakken Market Snapshot

WILLISTON
MEDIAN LIST
$477,500
▼ from $479,950
ACTIVE LISTINGS
64
▼ from 66
DAYS ON MARKET
98
▲ from 92
Prices eased slightly and inventory tightened but homes are sitting longer.
WATFORD CITY
MEDIAN LIST
$455,000
▲ from $438,000
ACTIVE LISTINGS
27
▲ from 24
DAYS ON MARKET
72
▲ from 67
Prices jumped sharply but inventory grew and homes are moving slower.
DICKINSON
MEDIAN LIST
$377,450
▼ from $387,500
ACTIVE LISTINGS
82
▼ from 83
DAYS ON MARKET
124
▼ from 125
Prices pulled back with pace holding. Dickinson remains the slowest Bakken market.
THE TAKEAWAY
Watford City stole the headline with a sharp price jump from $438K to $455K, though inventory is building and homes are slowing. Williston softened slightly on all fronts. Dickinson keeps drifting lower on price. What we're seeing on the ground: Watford City is the market to watch, Williston is holding at steady resistance, and Dickinson needs sellers to meet buyers where they actually are. Right-priced listings continue to close across all three markets.

Get the Full Report Here →

COMMUNITY SPOTLIGHT: Don Pedro's Family Mexican Restaurant 🌮

She came to Williston in 2016, started in the Don Pedro's kitchen peeling tomatoes in 2017, and in 2022 she and her family became owners. Emery sat down with one of the owners to hear how a local favorite became a family business, and why she's never leaving Williston.

✔️ Sizzling fajitas, enchiladas, burritos, seafood and more
✔️ Birthdays come with free fried ice cream, a sombrero, and a little whipped cream on the face
✔️ A local business that gives back: non-profits, the fire department, police, and our schools

Find Heated Commercial & Industrial Properties in North Dakota

Winter in North Dakota doesn't wait,and neither should your business. ❄️

If your current facility isn't equipped for the upcoming freeze, we can help you transition into a property built to weather the elements:

✔️ Heavy industrial & heated shop spaces
✔️ Secure yard storage & commercial sites
✔️ Move-in ready office locations

Featured Properties

Williston Shop Condos
313 60TH AVE W
SHOP CONDOS · HWY 2
61 units
1,500 TO 2,280 SF · FROM $225/SF
16 foot sidewalls, association-maintained exterior. Buildings 1 through 4 deliver Fall 2026.
VIEW UNITS   RUN THE NUMBERS

📍2701 Sage Ct, Watford City

Custom 5-Bedroom Home on 5.88 Hilltop Acres in Watford City

This custom 2014 home sits on 5.88 hilltop acres in Watford City’s Rose Meadow subdivision with panoramic views from every room. The 3,212 SF layout includes 5 bedrooms, 4 bathrooms, hardwood floors, a dedicated mudroom, upper-level den, full appliance package, and a 3-car attached garage. Zoned for horses, private road access, no HOA, and minutes from Watford City schools and services.

More Info

2018 125T Ave NW, Watford City

105 3rd St NW, Watford City

North Dakota Events

Oct
29
Thu
Bat Night
A free, family-friendly evening to learn all about bats just in time for Halloween.
McKenzie County Soil Conservation Shop · 4–5:30 PM · Free
Oct
30
Fri
Trail of Treats
Watford City businesses host a safe downtown trick-or-treat for the whole family.
Main Street, Watford City · 3 PM · Free
Oct
30
Fri
MoonCats Live
The all-ages North Dakota trio plays upbeat, sing-along originals plus a few covers.
Great Northern, 202 1st Ave E · 6–11:30 PM
Oct
31
Sat
Trick or Treat: Trail of Treats
A Halloween trick-or-treat route through Bethel where kids visit residents and collect candy.
Bethel Lutheran, 1515 2nd Ave W · 2–4 PM · Free

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