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Foreclosure Homes in Leonard, ND

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Leonard, ND Foreclosures

Current Market Conditions in in Leonard, ND As of April 2026?
Over the past month, Leonard has seen a slight uptick in home sales, with an increase in the number of buyers interested in rural properties. The market is experiencing a healthy turnover, and the inventory remains competitive. Potential homeowners are encouraged to act quickly, as desirable properties are selling faster than before due to renewed interest in suburban living following the pandemic.
How much do homes sell for in Leonard, ND?
The average home price is currently $261,436.
In Leonard, ND, how many homes are available?
There are currently 191 active home listings available in Leonard.
What’s the average rental cost in Leonard, ND?
The average rental price in Leonard is $1,185.
What is the most expensive home in Leonard?
The most expensive home sold in Leonard had a price of $1,450,533.
What is currently the cheapest priced home in Leonard, ND?
The cheapest home for sale in Leonard is priced at $15,486.

Living in Leonard, ND

Leonard, North Dakota, is a charming small town offering a tranquil lifestyle surrounded by scenic farmland. With a welcoming community and essential amenities, it provides a perfect escape from urban hustle. Outdoor enthusiasts can enjoy various recreational activities nearby while families appreciate the local schools and community involvement.

Buyer vs Seller Market in Leonard, ND

The real estate market in Leonard remains stable, with opportunities for both homeowners and investors. Due to its small size, housing options are somewhat limited, but the affordability makes it an attractive option for first-time buyers and retirees alike. The average home prices are lower compared to larger nearby cities, which draws newcomers seeking a quiet environment.

Currently, the market is experiencing modest growth as more people are exploring rural living options. Local developments and improved connectivity with nearby towns are contributing to this positive trend.

Home Value Estimator For Leonard, ND

There are currently 245 real estate properties in Leonard, ND, with a median automated valuation model (AVM) price of $237,516.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leonard, 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 Leonard, ND, is $261,436.00, with the most expensive house in Leonard, ND, topping out at $1,450,533.00 and the cheapest home in Leonard, ND, clocking in at $15,486.00. In other words, there’s something for every potential homebuyer or savvy investor in Leonard, ND!

Rent Prices In Leonard, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leonard, ND, is on a rollercoaster ride. The average rent price in Leonard, ND, is $1,185.00. Indeed, when looking to rent in Leonard, ND, you can expect to pay as little as $510.00 or as much as $2,040.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Leonard, 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.

Leonard, ND Foreclosures


Market Trend for Leonard, ND

Total Listings Available: 191

Market Values:

Home Prices from $15,486 to $1,450,533

Average Sales Price: $261,436

Rental Values:

Rental from $510 to $2,040

Average Rent Value: $1,185 / month

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