Pekin, ND Foreclosures
Current Market Conditions in in Pekin, ND As of February 2026?
Over the past month, Pekin has seen a modest increase in home sales, with several properties being listed and sold quickly due to heightened interest from buyers. The average days on the market has reduced, indicating that homes are increasingly desirable in the area. Sellers are starting to receive multiple offers already, reflecting a shift towards a seller's market, while buyers continue to navigate the limited inventory of homes.
How much do homes sell for in Pekin, ND?
The average home price is currently $229,258.
In Pekin, ND, how many homes are available?
There are currently 1 active home listings available in Pekin.
What’s the average rental cost in Pekin, ND?
The average rental price in Pekin is $885.
What is the most expensive home in Pekin?
The most expensive home sold in Pekin had a price of $391,217.
What is currently the cheapest priced home in Pekin, ND?
The cheapest home for sale in Pekin is priced at $62,381.
Living in Pekin, ND
Pekin, North Dakota, is a peaceful small town known for its agricultural richness and strong community ties. The area boasts a quiet lifestyle, making it perfect for families or individuals looking for a safe environment to call home. With scenic landscapes and various local events, Pekin offers a wholesome rural living experience.
Buyer vs Seller Market in Pekin, ND
Currently, the real estate market in Pekin is stable, with homes generally appreciating at a steady rate due to the area's rural appeal and affordability. As more individuals seek refuge from urban environments, Pekin has become an attractive option for those wishing to buy or rent property in a tranquil setting.
There is a growing trend of families moving to rural towns like Pekin, resulting in increased demand for housing. This demand, paired with the limited inventory of available properties, is beginning to affect prices positively.
Home Value Estimator For Pekin, ND
There are currently 25 real estate properties
in Pekin, ND,
with a median automated valuation model (AVM) price
of $208,083.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pekin, 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 Pekin, ND,
is $229,258.00, with the most expensive house
in Pekin, ND, topping out
at $391,217.00 and the cheapest home
in Pekin, ND,
clocking in at $62,381.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pekin, ND!
Rent Prices
In Pekin, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pekin, ND, is on
a rollercoaster ride. The
average rent price in Pekin, ND,
is $885.00. Indeed, when looking to rent in
Pekin, ND, you can expect to pay as little
as $720.00 or as much
as $1,230.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Pekin, 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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