Minot, ND Foreclosures
How much do homes sell for in Minot, ND?
The average home price is currently $361,752.
In Minot, ND, how many homes are available?
There are currently 1 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 $18,947,300.
What is currently the cheapest priced home in Minot, ND?
The cheapest home for sale in Minot is priced at $11,000.
Living in Minot, ND
Minot, ND, is a growing city known for its affordable living, excellent community spirit, and a wide range of amenities. With numerous parks, local events, and educational institutions, Minot offers a balanced lifestyle perfect for families and individuals. The friendly atmosphere and small-town charm make it an ideal place to call home.
Current Market Conditions in Minot, ND
Minot's real estate market is currently characterized by a steady demand for housing, driven by the presence of local businesses, thriving employment opportunities, and the proximity to the Minot Air Force Base. House prices have remained stable, with slight increases observed in the last year as demand continues to outpace supply in many neighborhoods.
The market trend in Minot suggests that buyers are increasingly interested in single-family homes and townhomes within the city, with younger residents looking to invest in their first homes. As more people relocate to Minot for work and lifestyle, housing development continues to grow.
Overall, the Minot real estate market presents opportunities for both investors and homeowners, with a focus on affordability and community-driven living.
Home Value Estimator For Minot, ND
There are currently 18,735 real estate properties
in Minot, ND,
with a median automated valuation model (AVM) price
of $265,497.00. 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 $361,752.00, with the most expensive house
in Minot, ND, topping out
at $18,947,300.00 and the cheapest home
in Minot, ND,
clocking in at $11,000.00. 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.
Learn more on Foreclosure homes
