Living in Napoleon, ND
Napoleon, ND, is a charming small town that offers a welcoming community atmosphere and a fantastic quality of life. Surrounded by natural beauty, residents can enjoy various outdoor activities while benefiting from essential local amenities and quality education for families. It's the perfect place for anyone looking to invest in a peaceful, friendly environment.
Current Market Conditions in Napoleon, ND
The real estate market in Napoleon, ND, has shown steady growth with increasing demand for homes, driven by the town's affordability and quality of life. Investors are attracted to the area due to its potential for long-term appreciation and a strong rental market fueled by local employment opportunities.
Current trends indicate a rising interest in properties within the area, especially among families and retirees seeking a peaceful lifestyle. As more people discover the charm of small-town living, investors can expect a competitive market with opportunities in various price ranges.
Home Value Estimator For Napoleon, ND
There are currently 115 real estate properties
in Napoleon, ND,
with a median automated valuation model (AVM) price
of $127,012.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Napoleon, 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 Napoleon, ND,
is $145,119.00, with the most expensive house
in Napoleon, ND, topping out
at $593,895.00 and the cheapest home
in Napoleon, ND,
clocking in at $25,135.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Napoleon, ND!
Rent Prices
In Napoleon, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Napoleon, ND, is on
a rollercoaster ride. The
average rent price in Napoleon, ND,
is $850.00. Indeed, when looking to rent in
Napoleon, ND, you can expect to pay as little
as $740.00 or as much
as $1,400.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Napoleon, 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.
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