Erie, ND Foreclosures
Current Market Conditions in in Erie, ND As of March 2026?
Over the past month, the real estate market in Erie has seen a slight uptick in home sales compared to the previous month. Several properties that were listed have gone under contract, indicating an increase in buyer demand. Inventory levels remain low, which may lead to continued price increases if the trend continues. Buyers should be prepared for competitive bidding, especially for well-maintained homes in prime locations.
How much do homes sell for in Erie, ND?
The average home price is currently $195,398.
In Erie, ND, how many homes are available?
There are currently 200 active home listings available in Erie.
What’s the average rental cost in Erie, ND?
The average rental price in Erie is $1,069.
What is the most expensive home in Erie?
The most expensive home sold in Erie had a price of $647,755.
What is currently the cheapest priced home in Erie, ND?
The cheapest home for sale in Erie is priced at $39,600.
Living in Erie, ND
Erie, North Dakota is a quaint town known for its serene atmosphere and welcoming community. It offers a variety of outdoor activities and a strong sense of local pride. With its low crime rate and close access to nature, Erie is perfect for those seeking a quiet, rural lifestyle.
Buyer vs Seller Market in Erie, ND
The real estate market in Erie is currently stable, with a moderate level of activity. The average home price remains affordable compared to urban areas, attracting homebuyers looking for deals in a quieter setting. Interest in homes has been steadily increasing, particularly among families and retirees with a preference for rural lifestyles.
Recent trends indicate that properties in Erie are generally selling within a reasonable timeframe, with some homes receiving multiple offers. The competitive prices continue to draw interest from buyers, further stimulating the market.
Home Value Estimator For Erie, ND
There are currently 44 real estate properties
in Erie, ND,
with a median automated valuation model (AVM) price
of $150,884.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Erie, 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 Erie, ND,
is $195,398.00, with the most expensive house
in Erie, ND, topping out
at $647,755.00 and the cheapest home
in Erie, ND,
clocking in at $39,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Erie, ND!
Rent Prices
In Erie, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Erie, ND, is on
a rollercoaster ride. The
average rent price in Erie, ND,
is $1,069.00. Indeed, when looking to rent in
Erie, ND, you can expect to pay as little
as $850.00 or as much
as $1,650.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Erie, 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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