Mckenzie, ND Foreclosures
How much do homes sell for in Mckenzie, ND?
The average home price is currently $391,353.
What’s the average rental cost in Mckenzie, ND?
The average rental price in Mckenzie is $1,371.
What is the most expensive home in Mckenzie?
The most expensive home sold in Mckenzie had a price of $3,890,200.
What is currently the cheapest priced home in Mckenzie, ND?
The cheapest home for sale in Mckenzie is priced at $45,648.
Living in Mckenzie, ND
McKenzie, ND, is a small town characterized by its scenic beauty and tight-knit community. Life here is tranquil, with ample outdoor activities available, reflecting the charm of rural North Dakota. Ideal for those seeking a simple lifestyle with a strong sense of community.
Current Market Conditions in Mckenzie, ND
The real estate market in McKenzie has been relatively stable, with slow but steady growth. The demand for housing in rural areas like McKenzie has seen an uptick as more individuals seek quieter, suburban lifestyles amidst the pandemic, leading to an increase in home values, though prices remain affordable compared to urban areas.
Over the past few months, there has been a resurgent interest in home purchases, particularly from families looking for spacious homes with outdoor space. With a limited number of options on the market, buyers are often competing for homes, which is pushing prices upward.
Home Value Estimator For Mckenzie, ND
There are currently 62 real estate properties
in Mckenzie, ND,
with a median automated valuation model (AVM) price
of $282,730.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mckenzie, 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 Mckenzie, ND,
is $391,353.00, with the most expensive house
in Mckenzie, ND, topping out
at $3,890,200.00 and the cheapest home
in Mckenzie, ND,
clocking in at $45,648.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mckenzie, ND!
Rent Prices
In Mckenzie, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mckenzie, ND, is on
a rollercoaster ride. The
average rent price in Mckenzie, ND,
is $1,371.00. Indeed, when looking to rent in
Mckenzie, ND, you can expect to pay as little
as $820.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Mckenzie, 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
