Balfour, ND Foreclosures
How much do homes sell for in Balfour, ND?
The average home price is currently $121,990.
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 $293,868.
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, North Dakota is a serene small town known for its tight-knit community and picturesque rural landscapes. It's an ideal place for those who appreciate nature, outdoor activities, and a slower pace of life. Despite its small size, Balfour offers access to essential amenities and events that bring the community together.
Current Market Conditions in Balfour, ND
The real estate market in Balfour is currently stable, with a modest increase in property values over the past year. As more people seek affordable housing in rural areas, Balfour has become an attractive option for homebuyers looking for a peaceful lifestyle away from urban hustle.
Given the town's small population and limited real estate inventory, properties tend to sell quickly, especially those that are well-maintained and reasonably priced.
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 $121,990.00, with the most expensive house
in Balfour, ND, topping out
at $293,868.00 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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