Balfour, ND Foreclosures
Current Market Conditions in in Balfour, ND As of April 2026?
Over the past month, Balfour's real estate market has shown signs of gradual improvement, with a slight increase in the number of homes sold. Although limited inventory remains a challenge, local listings have started to see more interest, notably among those looking for larger plots of land or rural retreats. This trend could indicate an upsurge in market activity as the seasons change, prompting buyers to explore their options before the winter months set in. Additionally, homes that offer property with agricultural potential are becoming more sought after, reflecting the community's roots and lifestyle.
How much do homes sell for in Balfour, ND?
The average home price is currently $152,038.
In Balfour, ND, how many homes are available?
There are currently 3 active home listings available in Balfour.
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 $435,036.
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 quaint rural community that offers residents a peaceful lifestyle surrounded by nature. With friendly neighbors and close-knit community vibes, it's a perfect spot for those seeking tranquility away from city life. The region boasts plentiful outdoor activities and good access to nearby towns for additional amenities.
Buyer vs Seller Market in Balfour, ND
The real estate market in Balfour, ND is characterized by affordable housing prices and steady demand for properties in the area. With a population focused on the quaint lifestyle, buyers often appreciate the spacious lots and rural settings. The market remains stable, with homes priced competitively which attracts families and retirees alike.
Due to its small size, the housing market is not overly saturated, allowing for reasonable growth. Potential buyers often find that homes in Balfour offer excellent value compared to urban alternatives, encouraging investment in the area.
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 $143,122.00. 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 $152,038.00, with the most expensive house
in Balfour, ND, topping out
at $435,036.00 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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