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Foreclosures in Cathay, ND

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Cathay, ND Foreclosures

Current Market Conditions in in Cathay, ND As of March 2026?
In the past month, the market conditions in Cathay, ND, have shown encouraging signs. Interest from homebuyers has increased, particularly among those looking for larger plots of land, suitable for farming or recreational use. The average time on market for homes has decreased slightly, suggesting a shift towards a more active buyer's market. Sales activity is expected to continue increasing into the next few months, especially as spring arrives, which typically spurs more listings and sales in rural areas.
How much do homes sell for in Cathay, ND?
The average home price is currently $207,969.
In Cathay, ND, how many homes are available?
There are currently 2 active home listings available in Cathay.
What’s the average rental cost in Cathay, ND?
The average rental price in Cathay is $1,051.
What is the most expensive home in Cathay?
The most expensive home sold in Cathay had a price of $524,917.
What is currently the cheapest priced home in Cathay, ND?
The cheapest home for sale in Cathay is priced at $26,358.

Living in Cathay, ND

Cathay is a small, close-knit community located in North Dakota. It offers a peaceful rural lifestyle, surrounded by beautiful natural landscapes and agricultural fields. Residents enjoy a tight community atmosphere with local gatherings and events, making it a great place for families and individuals seeking tranquility.

Buyer vs Seller Market in Cathay, ND

The real estate market in Cathay is currently stable, with a mix of affordable homes and agricultural properties available. The community is experiencing slight growth as more individuals are seeking the peaceful rural lifestyle offered in North Dakota.

Trends show an increase in interest for rural homes, as more people look to escape larger urban areas. This has led to a gradual rise in property values, though prices remain competitive compared to more urban markets.

Home Value Estimator For Cathay, ND

There are currently 36 real estate properties in Cathay, ND, with a median automated valuation model (AVM) price of $172,383.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cathay, 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 Cathay, ND, is $207,969.00, with the most expensive house in Cathay, ND, topping out at $524,917.00 and the cheapest home in Cathay, ND, clocking in at $26,358.00. In other words, there’s something for every potential homebuyer or savvy investor in Cathay, ND!

Rent Prices In Cathay, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cathay, ND, is on a rollercoaster ride. The average rent price in Cathay, ND, is $1,051.00. Indeed, when looking to rent in Cathay, ND, you can expect to pay as little as $760.00 or as much as $1,620.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Cathay, 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.

Cathay, ND Foreclosures


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