Palermo, ND Foreclosures
How much do homes sell for in Palermo, ND?
The average home price is currently $220,135.
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 $574,723.
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 charming small town offering a peaceful rural lifestyle and strong community values. Surrounded by beautiful landscapes, it caters to outdoor enthusiasts while providing essential amenities and a family-friendly environment. With a welcoming population, it's ideal for those seeking a quiet home life.
Current Market Conditions in Palermo, ND
The real estate market in Palermo has seen a stable trend over the past year, with property values maintaining consistency despite broader economic fluctuations. The demand for homes in smaller towns, like Palermo, has increased as remote work becomes more common, driving interest amongst families moving from urban locations.
Properties in Palermo are generally affordable, making it an attractive option for first-time homebuyers and retirees. The market remains competitive, with a limited number of listings typically available, prompting quicker sales when homes are put on the market.
Home Value Estimator For Palermo, ND
There are currently 64 real estate properties
in Palermo, ND,
with a median automated valuation model (AVM) price
of $175,924.00. 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 $220,135.00, with the most expensive house
in Palermo, ND, topping out
at $574,723.00 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
