Buchanan, ND Foreclosures
How much do homes sell for in Buchanan, ND?
The average home price is currently $290,840.
What’s the average rental cost in Buchanan, ND?
The average rental price in Buchanan is $1,202.
What is the most expensive home in Buchanan?
The most expensive home sold in Buchanan had a price of $1,246,904.
What is currently the cheapest priced home in Buchanan, ND?
The cheapest home for sale in Buchanan is priced at $14,985.
Living in Buchanan, ND
Buchanan, ND is a charming small town located along the James River. Known for its friendly community and beautiful rural landscape, Buchanan offers a peaceful lifestyle with plenty of outdoor activities. Residents enjoy a mix of tranquility and accessibility, with local amenities that cater to families and individuals alike.
Current Market Conditions in Buchanan, ND
The current real estate market in Buchanan, ND, is showing stability with a growing interest from families looking for affordable housing options. While the overall number of listings may be modest, homes are selling at a steady pace, especially those that showcase the town's picturesque views of the river and surrounding landscapes.
In the past year, there has been a noticeable increase in the demand for homes in Buchanan, particularly among people from urban areas seeking more spacious living environments. With this growing trend, prices have seen a slight uptick, reflecting the rising desirability of the area as a peaceful retreat from city life.
Home Value Estimator For Buchanan, ND
There are currently 100 real estate properties
in Buchanan, ND,
with a median automated valuation model (AVM) price
of $247,644.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Buchanan, 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 Buchanan, ND,
is $290,840.00, with the most expensive house
in Buchanan, ND, topping out
at $1,246,904.00 and the cheapest home
in Buchanan, ND,
clocking in at $14,985.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Buchanan, ND!
Rent Prices
In Buchanan, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Buchanan, ND, is on
a rollercoaster ride. The
average rent price in Buchanan, ND,
is $1,202.00. Indeed, when looking to rent in
Buchanan, ND, you can expect to pay as little
as $530.00 or as much
as $1,620.00,
with the average rent median estimated to
be $1,290.00. The good news is that finding
an affordable and desirable property to rent in Buchanan, 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
