Pekin, ND Foreclosures
How much do homes sell for in Pekin, ND?
The average home price is currently $210,436.
In Pekin, ND, how many homes are available?
There are currently 1 active home listings available in Pekin.
What’s the average rental cost in Pekin, ND?
The average rental price in Pekin is $885.
What is the most expensive home in Pekin?
The most expensive home sold in Pekin had a price of $391,217.
What is currently the cheapest priced home in Pekin, ND?
The cheapest home for sale in Pekin is priced at $62,381.
Living in Pekin, ND
Pekin, ND is a quaint rural community known for its friendly atmosphere and agricultural roots. Residents enjoy a peaceful lifestyle with access to nature and outdoor activities. With essential amenities nearby and a strong sense of community, Pekin is an ideal place for those seeking tranquility and simplicity.
Current Market Conditions in Pekin, ND
The real estate market in Pekin, ND, is characterized by a stable demand for single-family homes. Prices have remained relatively steady over the past few years, reflecting the area's steady population and economic conditions. The overall market is influenced by the agricultural economy, with local properties having a range of values depending on their proximity to farmland and community amenities.
There has been a slight increase in interest from potential buyers looking for affordable housing options in rural areas, which has kept the market somewhat competitive. Buyers are particularly attracted to the peaceful lifestyle and low cost of living that places like Pekin offer.
Home Value Estimator For Pekin, ND
There are currently 22 real estate properties
in Pekin, ND,
with a median automated valuation model (AVM) price
of $162,092.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pekin, 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 Pekin, ND,
is $210,436.00, with the most expensive house
in Pekin, ND, topping out
at $391,217.00 and the cheapest home
in Pekin, ND,
clocking in at $62,381.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pekin, ND!
Rent Prices
In Pekin, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pekin, ND, is on
a rollercoaster ride. The
average rent price in Pekin, ND,
is $885.00. Indeed, when looking to rent in
Pekin, ND, you can expect to pay as little
as $720.00 or as much
as $1,230.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Pekin, 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
