Nome, ND Foreclosures
Current Market Conditions in in Nome, ND As of February 2026?
Over the past month, the Nome real estate market has seen a slight uptick in activity, with a few properties selling within days of being listed. This is attributed to the seasonal increase in buyers looking for homes before the winter months. However, overall inventory remains low, which may result in continued competition among buyers in the coming weeks.
How much do homes sell for in Nome, ND?
The average home price is currently $174,495.
What’s the average rental cost in Nome, ND?
The average rental price in Nome is $1,016.
What is the most expensive home in Nome?
The most expensive home sold in Nome had a price of $868,459.
What is currently the cheapest priced home in Nome, ND?
The cheapest home for sale in Nome is priced at $38,250.
Living in Nome, ND
Nome is a small town in North Dakota known for its tight-knit community and serene landscapes. With a rich agricultural heritage, it offers a peaceful lifestyle away from the hustle and bustle of larger cities. Residents enjoy a slow-paced life immersed in nature and local traditions.
Buyer vs Seller Market in Nome, ND
The real estate market in Nome, ND, is relatively stable, with properties moving at a moderate pace. This area's affordability makes it an attractive option for first-time homebuyers and those looking for retirement homes. Homes often come with large lots, allowing for gardening and outdoor activities, which adds to their appeal.
Recent trends indicate a steady demand for housing in Nome, with interest from buyers seeking to escape urban life for a more rural environment. However, inventory is limited, and potential buyers may face competition when homes are listed, leading to a balanced but active market.
Home Value Estimator For Nome, ND
There are currently 70 real estate properties
in Nome, ND,
with a median automated valuation model (AVM) price
of $104,357.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nome, 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 Nome, ND,
is $174,495.00, with the most expensive house
in Nome, ND, topping out
at $868,459.00 and the cheapest home
in Nome, ND,
clocking in at $38,250.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nome, ND!
Rent Prices
In Nome, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nome, ND, is on
a rollercoaster ride. The
average rent price in Nome, ND,
is $1,016.00. Indeed, when looking to rent in
Nome, ND, you can expect to pay as little
as $580.00 or as much
as $1,790.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Nome, 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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