Balfour, ND Foreclosures
How much do homes sell for in Balfour, ND?
The average home price is currently $123,124.
What’s the average rental cost in Balfour, ND?
The average rental price in Balfour is $914.
What is the most expensive home in Balfour?
The most expensive home sold in Balfour had a price of $291,475.
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 quiet rural community offering a peaceful lifestyle amidst the stunning landscapes of North Dakota. Known for its friendly atmosphere and community spirit, it provides easy access to outdoor activities and essential amenities. Residents enjoy a supportive environment, making it an ideal place for families and nature lovers alike.
Current Market Conditions in Balfour, ND
The real estate market in Balfour remains stable, with moderate fluctuations in both home prices and inventory levels. The quaintness of the area continues to attract buyers looking for affordable properties within a close community, contributing to a balanced market.
Recently, there has been an increase in interest for rural properties in the region, likely influenced by the work-from-home trend, which has seen buyers seeking larger living spaces away from urban centers.
Home Value Estimator For Balfour, ND
There are currently 28 real estate properties
in Balfour, ND,
with a median automated valuation model (AVM) price
of $124,558.00. 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 $123,124.00, with the most expensive house
in Balfour, ND, topping out
at $291,475.00 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 $914.00. 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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