Foreclosure Homes in Park River, ND

Current Market Conditions in Park River, ND

The real estate market in Park River, ND is currently showing signs of stability with a gradual influx of new residents seeking affordable housing options. Home prices remain competitive, appealing to first-time homebuyers and families.Estimates indicate a slight rise in property values over the past year, driven by demand in the area.

Recent trends indicate a growing interest in single-family homes, as remote work allows more flexibility for home buyers to settle in quieter towns like Park River. Investors are also beginning to consider this market as it offers value through low entry prices and strong rental potential.

Rent Prices In Park River, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Park River, ND, is on a rollercoaster ride. The average rent price in Park River, ND, is $1,021.00. Indeed, when looking to rent in Park River, ND, you can expect to pay as little as $640.00 or as much as $1,800.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Park River, 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.