Nekoma, ND Foreclosures
How much do homes sell for in Nekoma, ND?
The average home price is currently $102,786.
What’s the average rental cost in Nekoma, ND?
The average rental price in Nekoma is $814.
What is the most expensive home in Nekoma?
The most expensive home sold in Nekoma had a price of $300,581.
What is currently the cheapest priced home in Nekoma, ND?
The cheapest home for sale in Nekoma is priced at $41,672.
Living in Nekoma, ND
Nekoma, North Dakota is a small, tight-knit community known for its friendly atmosphere and rural charm. Nestled in the heart of the Red River Valley, it offers a peaceful lifestyle with all the basic amenities. Residents enjoy a slower pace of life, surrounded by the natural beauty of the plains, making it ideal for those looking to escape urban hustle.
Current Market Conditions in Nekoma, ND
The real estate market in Nekoma is relatively stable, with homes averaging lower prices compared to urban areas. The local economy is largely dependent on agriculture, which drives some demand for housing, but limited inventory means that properties tend to sell at or near asking prices.
There is a trend of people moving to smaller communities in search of affordable homes and a quieter lifestyle, which has resulted in increased interest in the Nekoma area.
Overall, the market may not show explosive growth, but it maintains steady interest due to its appealing rural environment and cost of living.
Home Value Estimator For Nekoma, ND
There are currently 13 real estate properties
in Nekoma, ND,
with a median automated valuation model (AVM) price
of $87,841.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nekoma, 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 Nekoma, ND,
is $102,786.00, with the most expensive house
in Nekoma, ND, topping out
at $300,581.00 and the cheapest home
in Nekoma, ND,
clocking in at $41,672.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nekoma, ND!
Rent Prices
In Nekoma, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nekoma, ND, is on
a rollercoaster ride. The
average rent price in Nekoma, ND,
is $814.00. Indeed, when looking to rent in
Nekoma, ND, you can expect to pay as little
as $710.00 or as much
as $880.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Nekoma, 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
