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Preforeclosure Homes in Balfour, ND

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Balfour, ND Foreclosures

How much do homes sell for in Balfour, ND?
The average home price is currently $155,926.
In Balfour, ND, how many homes are available?
There are currently 2 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 $406,340.
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 a peaceful lifestyle amidst stunning natural landscapes. Residents enjoy a close-knit community with local traditions and opportunities for outdoor activities. Ideal for those looking for a quiet place to call home.

Current Market Conditions in Balfour, ND

The real estate market in Balfour is relatively stable, with home prices reflecting the typical values found in rural North Dakota. The demand for affordable housing has remained consistent, making it a viable option for first-time homebuyers and those seeking to escape urban areas.

Trends indicate a gradual increase in interest from buyers looking for properties in small towns. This has led to a slight uptick in prices, but they remain reasonably affordable compared to national averages.

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 $140,142.00. 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 $155,926.00, with the most expensive house in Balfour, ND, topping out at $406,340.00 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.

Balfour, ND Preforeclosure Homes


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