Balfour, ND Foreclosures
Current Market Conditions in in Balfour, ND As of February 2026?
In the past month, the Balfour real estate market has remained stable, with a slight increase in listings as the summer season approaches. This uptick is typical for rural areas during this time, with potential homeowners eager to settle before the school year. Buyers are now more actively engaging with listings, prompting slightly faster sales in the area than observed in early spring.
How much do homes sell for in Balfour, ND?
The average home price is currently $169,521.
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 $422,229.
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 small, quiet community perfect for those seeking a peaceful lifestyle. Surrounded by nature, it offers outdoor activities and a strong sense of community. Residents enjoy a rural atmosphere while still having access to nearby larger towns for amenities.
Buyer vs Seller Market in Balfour, ND
Over the past year, Balfour has seen steady growth in its real estate market, driven by a demand for affordable housing in rural areas as more people seek to escape crowded urban centers. The overall affordability of homes in Balfour appeals to first-time buyers and those looking for vacation properties.
Interest in rural properties has surged, leading to a modest appreciation in home values. Many homes are still available at competitive prices compared to urban areas, attracting buyers looking for both primary residences and getaway homes.
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 $169,521.00, with the most expensive house
in Balfour, ND, topping out
at $422,229.00 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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