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Foreclosure Homes in Minot, ND 58701

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Minot, ND Foreclosures

How much do homes sell for in Minot, ND?
The average home price is currently $354,321.
In Minot, ND, how many homes are available?
There are currently 22 active home listings available in Minot.
What’s the average rental cost in Minot, ND?
The average rental price in Minot is $1,182.
What is the most expensive home in Minot?
The most expensive home sold in Minot had a price of $18,838,200.
What is currently the cheapest priced home in Minot, ND?
The cheapest home for sale in Minot is priced at $10,927.

Living in Minot, ND

Minot, ND, offers a blend of community spirit, educational opportunities, and outdoor activities. With a growing real estate market and accessible amenities, it is an ideal location for families and investors alike. Enjoy the balanced lifestyle that reflects both the charm of small-town living and the conveniences of urban life.

Current Market Conditions in Minot, ND

The real estate market in Minot is currently experiencing positive growth, with an influx of new residents attracted by job opportunities in sectors such as healthcare, education, and energy. The average home prices have shown a steady increase, making it a favorable time for investment.

Investors can expect a good return on investment as rental demand remains strong, given the number of newcomers and the city's expanding infrastructure. Overall, Minot represents a robust market for those looking to invest in residential properties.

Home Value Estimator For Minot, ND

There are currently 18,733 real estate properties in Minot, ND, with a median automated valuation model (AVM) price of $258,295.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Minot, 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 Minot, ND, is $354,321.00, with the most expensive house in Minot, ND, topping out at $18,838,200.00 and the cheapest home in Minot, ND, clocking in at $10,927.00. In other words, there’s something for every potential homebuyer or savvy investor in Minot, ND!

Rent Prices In Minot, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Minot, ND, is on a rollercoaster ride. The average rent price in Minot, ND, is $1,182.00. Indeed, when looking to rent in Minot, ND, you can expect to pay as little as $440.00 or as much as $2,260.00, 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 Minot, 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.

Minot, ND 58701 Foreclosures

Market Trend for Minot, ND

Total Listings Available: 22

Market Values:

Home Prices from $10,927 to $18,838,200

Average Sales Price: $354,321

Rental Values:

Rental from $440 to $2,260

Average Rent Value: $1,182 / month

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