Cathay, ND Foreclosures
Current Market Conditions in in Cathay, ND As of January 2026?
In the last month, Cathay has seen a slight increase in home sales, reflecting a broader trend of individuals and families looking to relocate from busy urban centers to more peaceful rural areas. An increase in remote work options continues to motivate this demographic shift, with many new buyers being drawn to the picturesque landscapes and close-knit community of Cathay. Furthermore, home prices have experienced upward pressure, resulting in shorter listing times as homes sell more quickly than in previous months.
How much do homes sell for in Cathay, ND?
The average home price is currently $212,997.
What’s the average rental cost in Cathay, ND?
The average rental price in Cathay is $1,051.
What is the most expensive home in Cathay?
The most expensive home sold in Cathay had a price of $545,652.
What is currently the cheapest priced home in Cathay, ND?
The cheapest home for sale in Cathay is priced at $26,507.
Living in Cathay, ND
Cathay, ND is a small community offering a peaceful, rural lifestyle with strong connections among residents. It features beautiful natural surroundings, local amenities, and educational facilities, making it an ideal place for families and those seeking tranquility away from urban hustle.
Buyer vs Seller Market in Cathay, ND
The real estate market in Cathay, ND has been relatively stable over the past few months, with a slight uptick in demand for homes as more people seek the quiet comforts of rural living. Listings tend to be modest, focusing on single-family homes and some rental options, appealing to buyers looking for affordable housing solutions in a tranquil setting.
Recent trends indicate that homes in Cathay are selling moderately above asking price due to limited inventory, with many buyers attracted to the welcoming community atmosphere and the availability of outdoor activities.
Home Value Estimator For Cathay, ND
There are currently 36 real estate properties
in Cathay, ND,
with a median automated valuation model (AVM) price
of $175,796.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cathay, 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 Cathay, ND,
is $212,997.00, with the most expensive house
in Cathay, ND, topping out
at $545,652.00 and the cheapest home
in Cathay, ND,
clocking in at $26,507.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cathay, ND!
Rent Prices
In Cathay, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cathay, ND, is on
a rollercoaster ride. The
average rent price in Cathay, ND,
is $1,051.00. Indeed, when looking to rent in
Cathay, ND, you can expect to pay as little
as $760.00 or as much
as $1,620.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Cathay, 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.
Learn more on Foreclosure homes
