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Preforeclosure Homes in Erie, ND

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Erie, ND Foreclosures

How much do homes sell for in Erie, ND?
The average home price is currently $182,536.
In Erie, ND, how many homes are available?
There are currently 129 active home listings available in Erie.
What’s the average rental cost in Erie, ND?
The average rental price in Erie is $1,069.
What is the most expensive home in Erie?
The most expensive home sold in Erie had a price of $711,870.
What is currently the cheapest priced home in Erie, ND?
The cheapest home for sale in Erie is priced at $64,632.

Living in Erie, ND

Erie, ND, is a quaint rural community with picturesque surroundings and a strong sense of camaraderie among its residents. The area is known for its agricultural economy and offers various outdoor activities such as fishing and hiking. With basic amenities and schools nearby, Erie is an appealing destination for those looking to enjoy a slower pace of life.

Current Market Conditions in Erie, ND

The real estate market in Erie is relatively stable with a few available homes coming on and off the market throughout the year. There is a steady demand for housing due to the community’s charm and affordability. Most homes in the area are single-family houses, appealing mostly to families and retirees looking for a peaceful setting.

Recent trends in Erie indicate a slight increase in home prices as demand begins to catch up with supply. Investors and first-time homebuyers are taking notice of the affordability and potential for growth in this region.

Home Value Estimator For Erie, ND

There are currently 37 real estate properties in Erie, ND, with a median automated valuation model (AVM) price of $139,226.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Erie, 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 Erie, ND, is $182,536.00, with the most expensive house in Erie, ND, topping out at $711,870.00 and the cheapest home in Erie, ND, clocking in at $64,632.00. In other words, there’s something for every potential homebuyer or savvy investor in Erie, ND!

Rent Prices In Erie, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Erie, ND, is on a rollercoaster ride. The average rent price in Erie, ND, is $1,069.00. Indeed, when looking to rent in Erie, ND, you can expect to pay as little as $850.00 or as much as $1,650.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Erie, 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.

Erie, ND Preforeclosure Homes


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