Reeder, ND Foreclosures
Current Market Conditions in in Reeder, ND As of January 2026?
Over the past month, the Reeder real estate market has seen a slight uptick in activity with a few new listings emerging. Homes that are adequately priced are moving quickly, indicating a possible shift towards a seller's market. Buyers are encouraged to act swiftly to secure properties. The competition has become increasingly noticeable, with several homes receiving multiple offers, pushing home values higher than in prior months.
How much do homes sell for in Reeder, ND?
The average home price is currently $103,526.
What’s the average rental cost in Reeder, ND?
The average rental price in Reeder is $867.
What is the most expensive home in Reeder?
The most expensive home sold in Reeder had a price of $724,002.
What is currently the cheapest priced home in Reeder, ND?
The cheapest home for sale in Reeder is priced at $43,808.
Living in Reeder, ND
Reeder, ND is a quaint town characterized by its tight-knit community and beautiful open spaces. Ideal for those seeking a peaceful lifestyle, it offers access to outdoor activities and essential amenities. With a rich agricultural heritage, Reeder is perfect for families and retirees looking for a slower pace of life.
Buyer vs Seller Market in Reeder, ND
The real estate market in Reeder, ND currently demonstrates stable conditions with steady demand for homes. The average price of properties has been relatively consistent, making it an attractive destination for first-time buyers or those looking to downsize. Overall, the market remains favorable for both buyers and sellers, with properties selling at reasonable prices, aligned with the local economy.
Recently, there has been an uptick in interest from individuals and families looking to move to smaller towns like Reeder, where they can enjoy a quieter lifestyle. This trend may lead to more active listings and potentially slight price increases as demand continues to grow.
Home Value Estimator For Reeder, ND
There are currently 116 real estate properties
in Reeder, ND,
with a median automated valuation model (AVM) price
of $61,516.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Reeder, 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 Reeder, ND,
is $103,526.00, with the most expensive house
in Reeder, ND, topping out
at $724,002.00 and the cheapest home
in Reeder, ND,
clocking in at $43,808.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Reeder, ND!
Rent Prices
In Reeder, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Reeder, ND, is on
a rollercoaster ride. The
average rent price in Reeder, ND,
is $867.00. Indeed, when looking to rent in
Reeder, ND, you can expect to pay as little
as $760.00 or as much
as $1,610.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Reeder, 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.
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