Oakes, ND Foreclosures
How much do homes sell for in Oakes, ND?
The average home price is currently $174,925.
In Oakes, ND, how many homes are available?
There are currently 3 active home listings available in Oakes.
What’s the average rental cost in Oakes, ND?
The average rental price in Oakes is $986.
What is the most expensive home in Oakes?
The most expensive home sold in Oakes had a price of $931,400.
What is currently the cheapest priced home in Oakes, ND?
The cheapest home for sale in Oakes is priced at $25,088.
Living in Oakes, ND
Oakes, ND is a charming small town with a strong sense of community and a focus on agriculture. Residents enjoy ample outdoor activities and local amenities, making it a pleasant place for families and individuals who appreciate a quiet, rural lifestyle.
Current Market Conditions in Oakes, ND
The real estate market in Oakes is currently stable, with a modest increase in home prices over the past year. Buyers are drawn to the affordable housing options available in the area, making it an attractive locality for first-time homeowners and families.
There is a noticeable growth trend in the housing market as more individuals seek refuge from urban areas. This has led to a healthy competition among buyers, although the overall inventory remains sufficient to meet demand.
Interest from buyers has led to small yearly increases in home values, indicating a consistent demand for properties in the area.
Home Value Estimator For Oakes, ND
There are currently 637 real estate properties
in Oakes, ND,
with a median automated valuation model (AVM) price
of $167,502.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oakes, 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 Oakes, ND,
is $174,925.00, with the most expensive house
in Oakes, ND, topping out
at $931,400.00 and the cheapest home
in Oakes, ND,
clocking in at $25,088.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oakes, ND!
Rent Prices
In Oakes, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oakes, ND, is on
a rollercoaster ride. The
average rent price in Oakes, ND,
is $986.00. Indeed, when looking to rent in
Oakes, ND, you can expect to pay as little
as $710.00 or as much
as $1,740.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Oakes, 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
