Hope, ND Foreclosures
How much do homes sell for in Hope, ND?
The average home price is currently $190,172.
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 $639,371.
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 rural community that offers a tranquil lifestyle amid scenic farmland. Residents enjoy a strong sense of community and low living costs while being conveniently located near larger urban areas. The charm of small-town life combines with outdoor activities and essential amenities for a balanced way of living.
Current Market Conditions in Hope, ND
The real estate market in Hope, ND, has shown stability with modest growth in recent months. The demand for homes remains consistent, as potential buyers are drawn to the affordability and quality of life in the area. The average home price is still relatively low compared to national trends, making it attractive for first-time home buyers and investors alike.
In recent years, the area has experienced a slight uptick in home renovations and new constructions, indicating a positive trend in the local economy. Residents have been investing in local properties, contributing to a revitalization of the housing stock.
Home Value Estimator For Hope, ND
There are currently 79 real estate properties
in Hope, ND,
with a median automated valuation model (AVM) price
of $161,238.00. 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 $190,172.00, with the most expensive house
in Hope, ND, topping out
at $639,371.00 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.
Learn more on Foreclosure homes
