Reeder, ND Foreclosures
How much do homes sell for in Reeder, ND?
The average home price is currently $80,544.
What’s the average rental cost in Reeder, ND?
The average rental price in Reeder is $867.
What is the most expensive home in Reeder?
The most expensive home sold in Reeder had a price of $422,307.
What is currently the cheapest priced home in Reeder, ND?
The cheapest home for sale in Reeder is priced at $41,208.
Living in Reeder, ND
Reeder, located in North Dakota, is a charming small town that offers a peaceful rural lifestyle enriched with outdoor activities and a strong sense of community. With its agricultural roots and local businesses, Reeder is perfect for those looking for a close-knit environment. Residents enjoy various outdoor activities and community events that celebrate the town's unique heritage.
Current Market Conditions in Reeder, ND
The current real estate market in Reeder, ND, is relatively stable, with a mix of single-family homes and rural properties. Recent trends indicate a gradual increase in property values, driven by low interest rates and an uptick in demand for rural living as more individuals seek to escape urban settings. The market remains accessible for first-time buyers and those looking for investment properties.
As of late 2023, homes in Reeder are seeing average price points that reflect the town's affordability compared to nearby larger cities. Buyers are finding that properties are staying on the market for a shorter period as more people realize the benefits of rural living.
Home Value Estimator For Reeder, ND
There are currently 104 real estate properties
in Reeder, ND,
with a median automated valuation model (AVM) price
of $57,334.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Reeder, 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 Reeder, ND,
is $80,544.00, with the most expensive house
in Reeder, ND, topping out
at $422,307.00 and the cheapest home
in Reeder, ND,
clocking in at $41,208.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Reeder, ND!
Rent Prices
In Reeder, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Reeder, ND, is on
a rollercoaster ride. The
average rent price in Reeder, ND,
is $867.00. Indeed, when looking to rent in
Reeder, ND, you can expect to pay as little
as $760.00 or as much
as $1,610.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Reeder, 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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