Oakes, ND Foreclosures
How much do homes sell for in Oakes, ND?
The average home price is currently $177,528.
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 $983.
What is the most expensive home in Oakes?
The most expensive home sold in Oakes had a price of $1,054,051.
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 is a small, close-knit community in North Dakota known for its agricultural roots and friendly atmosphere. It offers a variety of recreational activities and local amenities, making it an ideal place for families and individuals seeking a quieter lifestyle. With its rich history, vibrant local culture, and strong sense of community, Oakes is a charming place to live and work.
Current Market Conditions in Oakes, ND
The real estate market in Oakes remains stable, with a consistent demand for housing primarily driven by local employment opportunities in agriculture and related sectors. Although prices are generally affordable compared to larger urban areas, there has been a noticeable increase in interest from potential buyers, particularly those looking for second homes or investment properties in quiet, rural settings.
New listings have been steady throughout the year, with a mixture of single-family homes, townhouses, and farm properties. The market is characterized by relatively low inventory, prompting quicker sales times for well-maintained homes.
Home Value Estimator For Oakes, ND
There are currently 629 real estate properties
in Oakes, ND,
with a median automated valuation model (AVM) price
of $158,591.00. 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 $177,528.00, with the most expensive house
in Oakes, ND, topping out
at $1,054,051.00 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 $983.00. 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.
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