Milnor, ND Foreclosures
How much do homes sell for in Milnor, ND?
The average home price is currently $197,239.
What’s the average rental cost in Milnor, ND?
The average rental price in Milnor is $917.
What is the most expensive home in Milnor?
The most expensive home sold in Milnor had a price of $554,095.
What is currently the cheapest priced home in Milnor, ND?
The cheapest home for sale in Milnor is priced at $37,992.
Living in Milnor, ND
Nestled in the rural landscape of North Dakota, Milnor is a tight-knit community that offers a tranquil lifestyle for families and individuals alike. With its friendly atmosphere, local shops, and recreational activities, it’s an ideal location for those seeking peace and camaraderie. The affordable housing market makes it accessible for potential homebuyers.
Current Market Conditions in Milnor, ND
The real estate market in Milnor is characterized by a stable demand for homes, influenced by the area's agricultural economy. As more families seek affordable housing options away from larger urban areas, Milnor's properties remain appealing due to their lower prices compared to state averages. The town's small size also means less competition among buyers, allowing for potential negotiations on price.
Recently, there has been an uptick in the interest in rural living, and Milnor has not been an exception. New families are moving in, seeking a quieter lifestyle away from the city, thereby slightly increasing home values and sales activity. Realtors in the area report a growing number of inquiries, which reflects changing preferences towards more rural living.
Home Value Estimator For Milnor, ND
There are currently 290 real estate properties
in Milnor, ND,
with a median automated valuation model (AVM) price
of $178,898.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Milnor, 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 Milnor, ND,
is $197,239.00, with the most expensive house
in Milnor, ND, topping out
at $554,095.00 and the cheapest home
in Milnor, ND,
clocking in at $37,992.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Milnor, ND!
Rent Prices
In Milnor, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Milnor, ND, is on
a rollercoaster ride. The
average rent price in Milnor, ND,
is $917.00. Indeed, when looking to rent in
Milnor, ND, you can expect to pay as little
as $660.00 or as much
as $1,710.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Milnor, 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
