Foreclosures in Mandan, ND 58554

Current Market Conditions in Mandan, ND

The real estate market in Mandan has been steadily growing, characterized by a stable increase in home values and demand. The city's appealing lifestyle and affordability attract many buyers, contributing to an uptick in new residential constructions. While inventory remains a challenge in some price ranges, there are still a variety of options for homebuyers at all levels.

Currently, the market is favoring sellers, with homes often receiving multiple offers and selling above asking price. However, the market remains accessible for first-time buyers and those looking for budget-friendly options. As interest rates fluctuate, buyers should stay informed and act quickly in this competitive landscape.

Rent Prices In Mandan, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mandan, ND, is on a rollercoaster ride. The average rent price in Mandan, ND, is $1,327.00. Indeed, when looking to rent in Mandan, ND, you can expect to pay as little as $730.00 or as much as $1,780.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Mandan, 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.