Lehr, ND Foreclosures
How much do homes sell for in Lehr, ND?
The average home price is currently $120,311.
In Lehr, ND, how many homes are available?
There are currently 1 active home listings available in Lehr.
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 $310,329.
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 is a small, friendly town in North Dakota, offering a close-knit community atmosphere. Known for its rural charm, this area provides a tranquil lifestyle away from the bustle of urban centers. Residents enjoy ample outdoor activities, access to local amenities, and a slow-paced way of life fit for families and retirees alike.
Current Market Conditions in Lehr, ND
The real estate market in Lehr, ND, has seen a stable demand for single-family homes due to the town's appealing living conditions and affordability. The area attracts buyers looking for serene rural lifestyles, leading to a marginal increase in home values over the past few years. Investors are beginning to show interest in rental properties, adding to the neighborhood's growth potential.
Currently, homes in Lehr have become increasingly desirable due to the low inventory and stable job market, with local agricultural employment providing a strong economic backbone. Although the market is small in scale, it offers unique opportunities for buyers and investors alike.
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 $85,590.00. 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 $120,311.00, with the most expensive house
in Lehr, ND, topping out
at $310,329.00 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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