Balfour, ND Foreclosures
Current Market Conditions in in Balfour, ND As of March 2026?
Over the past month, Balfour has experienced a slight uptick in property viewings, indicating growing interest in rural living options, particularly as more individuals seek quieter environments. Home prices remain competitive, but listings are moving at a gradual pace, suggesting a steady market without drastic changes.
How much do homes sell for in Balfour, ND?
The average home price is currently $165,153.
In Balfour, ND, how many homes are available?
There are currently 5 active home listings available in Balfour.
What’s the average rental cost in Balfour, ND?
The average rental price in Balfour is $926.
What is the most expensive home in Balfour?
The most expensive home sold in Balfour had a price of $434,210.
What is currently the cheapest priced home in Balfour, ND?
The cheapest home for sale in Balfour is priced at $15,587.
Living in Balfour, ND
Balfour, ND, is a quiet, rural community that offers a serene lifestyle with a strong sense of community. Located in the heart of North Dakota, it features beautiful landscapes and an abundance of outdoor recreational activities. Residents enjoy the tranquility of small-town living while being part of an agricultural backdrop.
Buyer vs Seller Market in Balfour, ND
The current real estate market in Balfour is stable, with a consistent demand for housing that reflects the area's small-town charm. Homes here are generally more affordable compared to larger cities, making it an attractive option for first-time buyers or those looking to escape urban life.
As of late, there has been a slight increase in interest for properties in Balfour, especially among buyers wanting to invest in rural areas. The affordability and potential for a quieter lifestyle have led to steady, yet modest growth in the market.
Home Value Estimator For Balfour, ND
There are currently 36 real estate properties
in Balfour, ND,
with a median automated valuation model (AVM) price
of $147,637.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Balfour, 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 Balfour, ND,
is $165,153.00, with the most expensive house
in Balfour, ND, topping out
at $434,210.00 and the cheapest home
in Balfour, ND,
clocking in at $15,587.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Balfour, ND!
Rent Prices
In Balfour, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Balfour, ND, is on
a rollercoaster ride. The
average rent price in Balfour, ND,
is $926.00. Indeed, when looking to rent in
Balfour, ND, you can expect to pay as little
as $510.00 or as much
as $1,430.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Balfour, 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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