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Foreclosure Homes in Hankinson, ND

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3rd-st-nw-Hankinson-ND-58041
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3rd St Nw
Hankinson, ND 58041

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Home Value Estimator For Hankinson, ND

There are currently 382 real estate properties in Hankinson, ND, with a median automated valuation model (AVM) price of $127,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hankinson, 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 Hankinson, ND, is $164,880.00, with the most expensive house in Hankinson, ND, topping out at $524,800.00 and the cheapest home in Hankinson, ND, clocking in at $43,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Hankinson, ND!


Rent Prices In Hankinson, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hankinson, ND, is on a rollercoaster ride. The average rent price in Hankinson, ND, is $914.00. Indeed, when looking to rent in Hankinson, ND, you can expect to pay as little as $610.00 or as much as $1,570.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Hankinson, 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.


Foreclosure Homes in Hankinson, ND

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hankinson, ND area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hankinson, ND and much more. Save thousands at closing with home foreclosure listings in Hankinson, ND — up to 75% off market value!


Top Reasons To Live In Hankinson, ND In 2021

Hankinson is located in Richland, North Dakota, with an estimated municipal population of 885 residents. All of the best foreclosed homes for sale in Hankinson are located in the following zip code areas on Foreclosure.com: 58041. The estimated population per square kilometer (.62 miles) in Hankinson is 183.


Cost Of Living In Hankinson, ND

So, about how much do homes cost in Hankinson? The most recent median value of resident-owned homes in Hankinson is 69,875. An estimated 90.6 percent of households in Hankinson own their homes, with an average family size of 3.17. The median household income in Hankinson is 61,875, with20.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hankinson, the median commute time of resident workers (in minutes) is 21.4. And last, but certainly not least, are you looking for homes to rent in Hankinson? If so, the average rent price paid by renters in Hankinson is 438, according to recent statistics.


Diversity And Demographics In Hankinson, North Dakota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hankinson, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Hankinson is 37.9, split between 44 percent male versus 56 female. The percentage of residents who report being married in Hankinson is 50.9, with an average family size of 3.17.

The percentage of residents who report their race in Hankinson is as follows:

White 92%
Black / African American 0.7%
Asian 0%
American Indian / Alaskan Native 1.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.9%
Other 4.9%

Looking for family-friendly neighborhoods in and/or near Hankinson? Or maybe you are searching for 55+ active adult communities in and/or near Hankinson?

The percentage of residents who report their age in Hankinson is as follows:

Under 10 15.6%
Aged 10-19 13.5%
20s 9%
30s 16.6%
40s 8.2%
50s 8%
60s 11.6%
70s 8%
80+ 9.2%

Best Schools In Hankinson, North Dakota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hankinson with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hankinson.


Pros And Cons Of Living In Hankinson, North Dakota

How do you know that living in -- or moving to -- Hankinson is right where you need to be? Perhaps you grew up in Hankinson or already live nearby; therefore, the decision to buy a home in Hankinson is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hankinson for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hankinson:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hankinson.


Reasons To Move To Hankinson, North Dakota, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hankinson can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hankinson, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Hankinson, ND

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