Bowman, ND Foreclosures
How much do homes sell for in Bowman, ND?
The average home price is currently $195,281.
What’s the average rental cost in Bowman, ND?
The average rental price in Bowman is $1,035.
What is the most expensive home in Bowman?
The most expensive home sold in Bowman had a price of $636,300.
What is currently the cheapest priced home in Bowman, ND?
The cheapest home for sale in Bowman is priced at $78,796.
Living in Bowman, ND
Bowman, ND is a quaint town with a close-knit community vibe nestled in the beautiful landscapes of southwestern North Dakota. Offering a blend of agriculture and outdoor activities, it promises a relaxed lifestyle for residents and visitors alike. With local amenities and recreational opportunities, Bowman serves as a welcoming haven for families and individuals looking to escape the hustle of city life.
Current Market Conditions in Bowman, ND
Bowman's real estate market is characterized by stable home prices and a gradual increase in demand. Many new listings appear in the market, with homes selling well due to their attractive prices and the town’s serene environment. Bowman's market remains appealing to both first-time homebuyers and those looking to invest in rental properties, as the cost of living is relatively low compared to urban centers.
Recent trends indicate that Bowman's housing market is thriving, with an influx of interest from buyers looking for spacious homes and land. The area's unique charm and accessibility have led to an increase in inquiries from out-of-state buyers seeking more open space, contributing to competitive offers on desirable properties.
Home Value Estimator For Bowman, ND
There are currently 242 real estate properties
in Bowman, ND,
with a median automated valuation model (AVM) price
of $177,792.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bowman, 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 Bowman, ND,
is $195,281.00, with the most expensive house
in Bowman, ND, topping out
at $636,300.00 and the cheapest home
in Bowman, ND,
clocking in at $78,796.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bowman, ND!
Rent Prices
In Bowman, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bowman, ND, is on
a rollercoaster ride. The
average rent price in Bowman, ND,
is $1,035.00. Indeed, when looking to rent in
Bowman, ND, you can expect to pay as little
as $760.00 or as much
as $1,670.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Bowman, 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.
Learn more on Foreclosure homes
