Living in Langdon, ND
Langdon, ND is a charming small town known for its welcoming community and access to natural beauty. With a focus on family-friendly activities and strong educational institutions, it is a great location for both homebuyers and real estate investors. The town’s affordability and quality of life make it an attractive option in the current market.
Current Market Conditions in Langdon, ND
The real estate market in Langdon is relatively stable, with modest price growth reflecting the area's appeal for families and retirees. Homes generally sell within a reasonable timeframe, indicating a healthy demand for properties.
While prices are affordable compared to urban centers, the value is expected to appreciate gradually. Investors may find opportunities in rental properties, as the demand for housing remains consistent in this close-knit community.
Home Value Estimator For Langdon, ND
There are currently 887 real estate properties
in Langdon, ND,
with a median automated valuation model (AVM) price
of $195,040.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Langdon, 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 Langdon, ND,
is $211,844.00, with the most expensive house
in Langdon, ND, topping out
at $986,100.00 and the cheapest home
in Langdon, ND,
clocking in at $28,463.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Langdon, ND!
Rent Prices
In Langdon, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Langdon, ND, is on
a rollercoaster ride. The
average rent price in Langdon, ND,
is $911.00. Indeed, when looking to rent in
Langdon, ND, you can expect to pay as little
as $660.00 or as much
as $1,830.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Langdon, 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.