Milnor, ND Foreclosures
How much do homes sell for in Milnor, ND?
The average home price is currently $196,571.
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 $534,443.
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
Milnor, ND, offers a small-town charm with a strong sense of community. The peaceful environment is ideal for families and retirees, complemented by local amenities like shops, parks, and schools. With access to outdoor activities and community engagement, Milnor is a hidden gem in North Dakota.
Current Market Conditions in Milnor, ND
The real estate market in Milnor is currently stable, with a slight increase in home sales over the past few months. Homes in the area are typically affordable, making it attractive for first-time buyers and those looking to downsize. The low inventory of homes combined with an increasing demand is leading to gradual price appreciation, reflecting a healthy market.
Recent trends show that the market is slowly transitioning to a seller's market, with properties receiving multiple offers, particularly in the $100,000 to $200,000 price range. This has sparked interest from both local buyers and those from neighboring cities looking for more affordable housing options.
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 $178,510.00. 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 $196,571.00, with the most expensive house
in Milnor, ND, topping out
at $534,443.00 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.