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Rent To Own Homes in Surrey, ND

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Living in Surrey, ND

Surrey, North Dakota, is a small but vibrant city situated close to the larger community of Minot. Known for its friendly atmosphere and strong sense of community, Surrey offers a peaceful environment with access to modern amenities. The city's strategic location near major highways makes it easy to commute to nearby employment hubs, and the surrounding landscape is ideal for outdoor activities.

Current Market Conditions in Surrey, ND

The real estate market in Surrey is currently experiencing a moderate increase in home values, driven by a stable influx of residents drawn to the area for its affordability and rural charm. New housing developments are emerging, catering to the growing demand for single-family homes, which could further influence property values and availability in the coming months.

As of last month, the market has showed signs of slight growth compared to previous months, suggesting a stable interest from buyers and a limited inventory of available homes. The desire for space and the appeal of rural living continue to attract many first-time homebuyers and families looking for a retreat from city life.

Home Value Estimator For Surrey, ND

There are currently 632 real estate properties in Surrey, ND, with a median automated valuation model (AVM) price of $268,407.00. 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 $293,335.00, with the most expensive house in Surrey, ND, topping out at $1,101,255.00 and the cheapest home in Surrey, ND, clocking in at $27,558.00. 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.

Surrey, ND Rent To Own Homes

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