Multi-family Foreclosures in Horace, ND

Current Market Conditions in Horace, ND

The real estate market in Horace is currently experiencing strong demand, with a significant increase in home prices over the past year as more individuals and families are drawn to this picturesque community. The growth is attributed to its excellent local amenities and proximity to Fargo, making it one of the fastest-growing areas in the state. Buyers are facing increased competition for homes, leading to a competitive market with many listings seeing multiple offers.

As of late 2023, the trend for new construction homes continues to rise, reflecting the increasing interest in the area. While inventory levels have slightly improved, the overall demand still exceeds supply, keeping market conditions favorable for sellers.

Rent Prices In Horace, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Horace, ND, is on a rollercoaster ride. The average rent price in Horace, ND, is $1,370.00. Indeed, when looking to rent in Horace, ND, you can expect to pay as little as $720.00 or as much as $2,820.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Horace, 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.