There are currently 315 real estate properties in Richardton, ND, with a median automated valuation model (AVM) price of $163,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richardton, 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 Richardton, ND, is $183,456.00, with the most expensive house in Richardton, ND, topping out at $1,044,870.00 and the cheapest home in Richardton, ND, clocking in at $12,408.00. In other words, there’s something for every potential homebuyer or savvy investor in Richardton, ND!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richardton, ND, is on a rollercoaster ride. The average rent price in Richardton, ND, is $962.00. Indeed, when looking to rent in Richardton, ND, you can expect to pay as little as $480.00 or as much as $1,960.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Richardton, 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.
Richardton is located in Stark, North Dakota, with an estimated municipal population of 561 residents. All of the best foreclosed homes for sale in Richardton are located in the following zip code areas on Foreclosure.com: 58652. The estimated population per square kilometer (.62 miles) in Richardton is 158.
So, about how much do homes cost in Richardton? The most recent median value of resident-owned homes in Richardton is 173,758. An estimated 94.5 percent of households in Richardton own their homes, with an average family size of 3.06. The median household income in Richardton is 80,625, with38.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Richardton, the median commute time of resident workers (in minutes) is 22.8.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Richardton, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Richardton is 37.6, split between 42.9 percent male versus 57.1 female. The percentage of residents who report being married in Richardton is 60.2, with an average family size of 3.06.
The percentage of residents who report their race in Richardton is as follows:
White | 92.6% |
Black / African American | 0% |
Asian | 1.2% |
American Indian / Alaskan Native | 0.4% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 3.5% |
Other | 2.4% |
Looking for family-friendly neighborhoods in and/or near Richardton? Or maybe you are searching for 55+ active adult communities in and/or near Richardton?
The percentage of residents who report their age in Richardton is as follows:
Under 10 | 12.8% |
Aged 10-19 | 17.9% |
20s | 6.6% |
30s | 16.6% |
40s | 5.5% |
50s | 13.1% |
60s | 14.8% |
70s | 6.1% |
80+ | 6.5% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Richardton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Richardton.
How do you know that living in -- or moving to -- Richardton is right where you need to be? Perhaps you grew up in Richardton or already live nearby; therefore, the decision to buy a home in Richardton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Richardton for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Richardton:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Richardton.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Richardton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Richardton, meanwhile, can field multiple offers from more qualified buyers.
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