Palermo, ND Foreclosures
How much do homes sell for in Palermo, ND?
The average home price is currently $199,357.
In Palermo, ND, how many homes are available?
There are currently 1 active home listings available in Palermo.
What’s the average rental cost in Palermo, ND?
The average rental price in Palermo is $0.
What is the most expensive home in Palermo?
The most expensive home sold in Palermo had a price of $592,725.
What is currently the cheapest priced home in Palermo, ND?
The cheapest home for sale in Palermo is priced at $21,685.
Living in Palermo, ND
Palermo, ND, is a quaint town that exudes a strong sense of community and tranquility. It's surrounded by stunning natural landscapes and offers a variety of outdoor activities for residents and visitors alike. If you're looking for affordable living in a friendly environment, Palermo is a great choice.
Current Market Conditions in Palermo, ND
Currently, Palermo's real estate market is showing a stable growth trend, with increasing interest from potential buyers seeking affordable housing in rural settings. The community's charm and outdoor lifestyle are becoming more attractive to individuals and families alike, leading to a steady demand for homes.
Despite its small size, Palermo continues to attract newcomers, helping to maintain a balanced supply and demand in the housing market. With low inventory levels and reasonable prices, the real estate market is poised for gradual appreciation.
Home Value Estimator For Palermo, ND
There are currently 55 real estate properties
in Palermo, ND,
with a median automated valuation model (AVM) price
of $161,317.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Palermo, 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 Palermo, ND,
is $199,357.00, with the most expensive house
in Palermo, ND, topping out
at $592,725.00 and the cheapest home
in Palermo, ND,
clocking in at $21,685.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Palermo, ND!
Rent Prices
In Palermo, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Palermo, ND, is on
a rollercoaster ride. The
average rent price in Palermo, ND,
is $0.00. Indeed, when looking to rent in
Palermo, ND, you can expect to pay as little
as $0.00 or as much
as $0.00,
with the average rent median estimated to
be $0.00. The good news is that finding
an affordable and desirable property to rent in Palermo, 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
