Hope, ND Foreclosures
How much do homes sell for in Hope, ND?
The average home price is currently $201,901.
What’s the average rental cost in Hope, ND?
The average rental price in Hope is $1,046.
What is the most expensive home in Hope?
The most expensive home sold in Hope had a price of $650,736.
What is currently the cheapest priced home in Hope, ND?
The cheapest home for sale in Hope is priced at $38,296.
Living in Hope, ND
Hope, ND is a quaint and charming town in Steele County, known for its welcoming atmosphere and rural lifestyle. Residents enjoy a close community with access to nature and local amenities. It offers a peaceful residential environment with a variety of outdoor activities nearby.
Current Market Conditions in Hope, ND
The real estate market in Hope, ND is currently characterized by a balance of supply and demand, making it an attractive location for both buyers and sellers. The peaceful setting and affordable housing prices are appealing to young families and retirees alike.
As of recent trends, the housing market has shown stability with a slight increase in home values due to growing interest from both in-state and out-of-state buyers. The town’s affordability and friendly community are prime selling points.
The current market is benefiting from low inventory levels, which are keeping prices steady. Future developments in local infrastructure and amenities could enhance property values further.
Home Value Estimator For Hope, ND
There are currently 84 real estate properties
in Hope, ND,
with a median automated valuation model (AVM) price
of $167,077.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hope, 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 Hope, ND,
is $201,901.00, with the most expensive house
in Hope, ND, topping out
at $650,736.00 and the cheapest home
in Hope, ND,
clocking in at $38,296.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hope, ND!
Rent Prices
In Hope, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hope, ND, is on
a rollercoaster ride. The
average rent price in Hope, ND,
is $1,046.00. Indeed, when looking to rent in
Hope, ND, you can expect to pay as little
as $860.00 or as much
as $1,270.00,
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 Hope, 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.