Ruth, NV Foreclosures
How much do homes sell for in Ruth, NV?
The average home price is currently $122,623.
In Ruth, NV, how many homes are available?
There are currently 4 active home listings available in Ruth.
What’s the average rental cost in Ruth, NV?
The average rental price in Ruth is $792.
What is the most expensive home in Ruth?
The most expensive home sold in Ruth had a price of $545,137.
What is currently the cheapest priced home in Ruth, NV?
The cheapest home for sale in Ruth is priced at $10,019.
Living in Ruth, NV
Ruth, NV, is a quaint mining town with a strong sense of community and access to beautiful natural landscapes. Those living in Ruth enjoy a peaceful lifestyle that is enriched by the town's historic charm and outdoor activities. With limited amenities in town, residents often travel to nearby Ely for additional shopping and recreation options.
Current Market Conditions in Ruth, NV
The real estate market in Ruth is relatively stable, characterized by lower home prices compared to urban areas. The small population and limited inventory keep demand steady, making it an attractive market for buyers looking for affordability and charm. Recent trends show that more people are seeking properties in rural areas like Ruth as they embrace remote work and outdoor lifestyles.
Currently, the market in Ruth indicates a slight uptick in interest among buyers, particularly those looking for investment properties or vacation homes. The affordability and scenic beauty of the area contribute to a notable trend of seasonal residents investing in the community.
Home Value Estimator For Ruth, NV
There are currently 296 real estate properties
in Ruth, NV,
with a median automated valuation model (AVM) price
of $115,367.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ruth, NV, 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 Ruth, NV,
is $122,623.00, with the most expensive house
in Ruth, NV, topping out
at $545,137.00 and the cheapest home
in Ruth, NV,
clocking in at $10,019.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ruth, NV!
Rent Prices
In Ruth, NV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ruth, NV, is on
a rollercoaster ride. The
average rent price in Ruth, NV,
is $792.00. Indeed, when looking to rent in
Ruth, NV, you can expect to pay as little
as $560.00 or as much
as $1,230.00,
with the average rent median estimated to
be $670.00. The good news is that finding
an affordable and desirable property to rent in Ruth, NV
-- 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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