Lakota, ND Foreclosures
How much do homes sell for in Lakota, ND?
The average home price is currently $159,878.
In Lakota, ND, how many homes are available?
There are currently 1 active home listings available in Lakota.
What’s the average rental cost in Lakota, ND?
The average rental price in Lakota is $852.
What is the most expensive home in Lakota?
The most expensive home sold in Lakota had a price of $343,386.
What is currently the cheapest priced home in Lakota, ND?
The cheapest home for sale in Lakota is priced at $53,360.
Living in Lakota, ND
Lakota, North Dakota is a small yet vibrant community located in Nelson County. Known for its friendly atmosphere and a rich farming background, this quaint town offers a unique blend of rural charm and community spirit. Residents enjoy access to local amenities and recreational activities amidst beautiful natural scenery.
Current Market Conditions in Lakota, ND
As of late 2023, the real estate market in Lakota, ND is stable, with a steady demand for housing due to the town's appealing quality of life and lower cost of living. Properties in Lakota tend to sell relatively quickly, as there is a limited inventory compared to demand, making it a favorable market for both buyers and sellers.
The past year has seen a gradual increase in home prices in Lakota, reflecting the growing interest in the area. The community's commitment to maintaining its rural charm while attracting new residents is helping to support sustained real estate growth.
Home Value Estimator For Lakota, ND
There are currently 99 real estate properties
in Lakota, ND,
with a median automated valuation model (AVM) price
of $149,664.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lakota, 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 Lakota, ND,
is $159,878.00, with the most expensive house
in Lakota, ND, topping out
at $343,386.00 and the cheapest home
in Lakota, ND,
clocking in at $53,360.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lakota, ND!
Rent Prices
In Lakota, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lakota, ND, is on
a rollercoaster ride. The
average rent price in Lakota, ND,
is $852.00. Indeed, when looking to rent in
Lakota, ND, you can expect to pay as little
as $600.00 or as much
as $1,760.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Lakota, 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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