Luverne, ND Foreclosures
How much do homes sell for in Luverne, ND?
The average home price is currently $221,489.
What’s the average rental cost in Luverne, ND?
The average rental price in Luverne is $1,013.
What is the most expensive home in Luverne?
The most expensive home sold in Luverne had a price of $816,805.
What is currently the cheapest priced home in Luverne, ND?
The cheapest home for sale in Luverne is priced at $40,548.
Living in Luverne, ND
Luverne, ND, is a picturesque small town with a strong sense of community, known for its welcoming atmosphere and local charm. Surrounded by natural beauty, Luverne offers a peaceful environment ideal for families and individuals alike. Residents benefit from nearby amenities and recreational options, making it an attractive place to live.
Current Market Conditions in Luverne, ND
Given its small-town charm, Luverne is seeing a stable real estate market, with a gradual increase in property values as more buyers seek out rural living. Homes in the area tend to sell within reasonable time frames due to limited inventory, which adds to the demand. Luverne attracts a mix of local residents and newcomers, contributing to a diverse community atmosphere.
Home Value Estimator For Luverne, ND
There are currently 66 real estate properties
in Luverne, ND,
with a median automated valuation model (AVM) price
of $148,357.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Luverne, 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 Luverne, ND,
is $221,489.00, with the most expensive house
in Luverne, ND, topping out
at $816,805.00 and the cheapest home
in Luverne, ND,
clocking in at $40,548.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Luverne, ND!
Rent Prices
In Luverne, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Luverne, ND, is on
a rollercoaster ride. The
average rent price in Luverne, ND,
is $1,013.00. Indeed, when looking to rent in
Luverne, ND, you can expect to pay as little
as $510.00 or as much
as $1,950.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Luverne, 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.
Learn more on Foreclosure homes
