Surrey, ND Foreclosures
How much do homes sell for in Surrey, ND?
The average home price is currently $319,931.
What’s the average rental cost in Surrey, ND?
The average rental price in Surrey is $1,209.
What is the most expensive home in Surrey?
The most expensive home sold in Surrey had a price of $11,230,827.
What is currently the cheapest priced home in Surrey, ND?
The cheapest home for sale in Surrey is priced at $28,283.
Living in Surrey, ND
Surrey, located in Ward County, North Dakota, is a small but growing city that offers a friendly community atmosphere. With easy access to the nearby city of Minot, residents enjoy a blend of suburban and rural living, with ample outdoor activities and a strong sense of community. The area is known for its affordable housing and family-friendly environment, making it an attractive place for new families and individuals looking to settle down.
Current Market Conditions in Surrey, ND
The real estate market in Surrey has been experiencing positive growth with a steady increase in demand for residential properties. More families are moving to Surrey for its affordable housing options and its proximity to Minot, which is just a short drive away. This trend has driven home values up slightly over the past year, indicating a healthy market that is attracting new residents, especially first-time homebuyers.
While the overall market remains competitive, it is still considered affordable compared to larger urban areas. The demand for homes has led to a decrease in inventory, which has contributed to rising prices, although Surrey still offers a variety of options for different budgets. The rental market is also strong, providing a good balance for those who prefer shorter-term housing.
Home Value Estimator For Surrey, ND
There are currently 660 real estate properties
in Surrey, ND,
with a median automated valuation model (AVM) price
of $272,214.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Surrey, 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 Surrey, ND,
is $319,931.00, with the most expensive house
in Surrey, ND, topping out
at $11,230,827.00 and the cheapest home
in Surrey, ND,
clocking in at $28,283.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Surrey, ND!
Rent Prices
In Surrey, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Surrey, ND, is on
a rollercoaster ride. The
average rent price in Surrey, ND,
is $1,209.00. Indeed, when looking to rent in
Surrey, ND, you can expect to pay as little
as $780.00 or as much
as $2,130.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Surrey, 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
