Forest River, ND Foreclosures
How much do homes sell for in Forest River, ND?
The average home price is currently $147,073.
In Forest River, ND, how many homes are available?
There are currently 4 active home listings available in Forest River.
What’s the average rental cost in Forest River, ND?
The average rental price in Forest River is $978.
What is the most expensive home in Forest River?
The most expensive home sold in Forest River had a price of $403,054.
What is currently the cheapest priced home in Forest River, ND?
The cheapest home for sale in Forest River is priced at $23,160.
Living in Forest River, ND
Forest River, ND is a quaint and welcoming town that offers a peaceful lifestyle surrounded by natural beauty. The community is known for its rich agricultural background, friendly residents, and proximity to larger urban areas for practical amenities. With a variety of outdoor recreational opportunities, Forest River is ideal for nature enthusiasts and those seeking a slower-paced living environment.
Current Market Conditions in Forest River, ND
The real estate market in Forest River, ND is currently witnessing stable growth, with a modest increase in property values. The demand for homes in this tranquil setting has been steadily growing as more people seek the peace and privacy of rural living while still being within reach of larger cities.
With the influx of new residents, both rental and purchase prices have seen slight increases over the past few months, indicating a favorable market for sellers. However, buyers can still find attractive deals, particularly with homes on the market for longer periods.
Home Value Estimator For Forest River, ND
There are currently 59 real estate properties
in Forest River, ND,
with a median automated valuation model (AVM) price
of $117,537.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Forest River, ND, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Forest River, ND,
is $147,073.00, with the most expensive house
in Forest River, ND, topping out
at $403,054.00 and the cheapest home
in Forest River, ND,
clocking in at $23,160.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Forest River, ND!
Rent Prices
In Forest River, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Forest River, ND, is on
a rollercoaster ride. The
average rent price in Forest River, ND,
is $978.00. Indeed, when looking to rent in
Forest River, ND, you can expect to pay as little
as $840.00 or as much
as $1,450.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Forest River, ND
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.