Home Value Estimator For Arena, ND
There are currently 5 real estate properties
in Arena, ND,
with a median automated valuation model (AVM) price
of $138,252.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arena, 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 Arena, ND,
is $227,266.00, with the most expensive house
in Arena, ND, topping out
at $638,774.00 and the cheapest home
in Arena, ND,
clocking in at $62,361.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arena, ND!
Rent Prices
In Arena, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arena, ND, is on
a rollercoaster ride. The
average rent price in Arena, ND,
is $1,150.00. Indeed, when looking to rent in
Arena, ND, you can expect to pay as little
as $820.00 or as much
as $1,630.00,
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 Arena, 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.