Living in Arthur, ND
Arthur, ND, is a tight-knit community known for its serene environment and beautiful landscapes. The town offers various outdoor recreational activities and is conveniently located near Fargo, striking a balance between rural charm and urban accessibility. With a focus on agriculture, Arthur provides a peaceful lifestyle for its residents.
Current Market Conditions in Arthur, ND
The real estate market in Arthur has shown signs of steady growth, with an increasing number of homes being sold each month. Prices remain relatively affordable compared to larger nearby cities, making it an attractive destination for first-time homebuyers and those looking to invest in property in a quieter setting.
Recent trends indicate a growing interest in the area, partially driven by remote work opportunities, allowing people to relocate to places like Arthur without sacrificing their careers. The demand for homes has led to a slight uptick in prices, but overall the market remains competitive yet accessible.
Home Value Estimator For Arthur, ND
There are currently 142 real estate properties
in Arthur, ND,
with a median automated valuation model (AVM) price
of $217,839.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arthur, 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 Arthur, ND,
is $246,998.00, with the most expensive house
in Arthur, ND, topping out
at $619,108.00 and the cheapest home
in Arthur, ND,
clocking in at $20,194.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arthur, ND!
Rent Prices
In Arthur, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arthur, ND, is on
a rollercoaster ride. The
average rent price in Arthur, ND,
is $1,272.00. Indeed, when looking to rent in
Arthur, ND, you can expect to pay as little
as $840.00 or as much
as $2,040.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Arthur, 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.