Lehr, ND Foreclosures
Current Market Conditions in in Lehr, ND As of February 2026?
Over the past month, the real estate market in Lehr has seen an increase in interest, with several homes being listed. Inventory remains limited, yet buyers are actively entering the market. The competition has remained steady, which is typical for this time of year. Buyers are encouraged to act quickly on available properties, as they are not lasting long in the market.
How much do homes sell for in Lehr, ND?
The average home price is currently $125,067.
What’s the average rental cost in Lehr, ND?
The average rental price in Lehr is $880.
What is the most expensive home in Lehr?
The most expensive home sold in Lehr had a price of $310,015.
What is currently the cheapest priced home in Lehr, ND?
The cheapest home for sale in Lehr is priced at $48,570.
Living in Lehr, ND
Lehr, ND is a quaint community that embodies the spirit of small-town living. With a welcoming atmosphere and a range of outdoor activities available, it's an ideal location for those seeking tranquility and connection. The area is suited for families, retirees, and anyone looking to embrace a rural lifestyle while maintaining access to nearby urban conveniences.
Buyer vs Seller Market in Lehr, ND
The real estate market in Lehr, ND has remained stable over the past year, with home listings reflecting a modest appreciation. The demand for homes in rural communities has seen an uptick, primarily driven by individuals seeking more space and a quieter lifestyle. While turnover remains comparatively low, properties that are well-priced and updated tend to sell quickly.
New constructions are rare, so the existing homes—often with large yards or plots—attract buyers looking for a more tranquil living environment. The trend seems to indicate that more people are considering rural areas as viable living options, especially for those working remotely.
Home Value Estimator For Lehr, ND
There are currently 30 real estate properties
in Lehr, ND,
with a median automated valuation model (AVM) price
of $86,003.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lehr, 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 Lehr, ND,
is $125,067.00, with the most expensive house
in Lehr, ND, topping out
at $310,015.00 and the cheapest home
in Lehr, ND,
clocking in at $48,570.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lehr, ND!
Rent Prices
In Lehr, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lehr, ND, is on
a rollercoaster ride. The
average rent price in Lehr, ND,
is $880.00. Indeed, when looking to rent in
Lehr, ND, you can expect to pay as little
as $750.00 or as much
as $1,300.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Lehr, 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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