There are currently 1,353 real estate properties in Watford City, ND, with a median automated valuation model (AVM) price of $311,568.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Watford City, 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 Watford City, ND, is $337,641.00, with the most expensive house in Watford City, ND, topping out at $2,195,400.00 and the cheapest home in Watford City, ND, clocking in at $28,522.00. In other words, there’s something for every potential homebuyer or savvy investor in Watford City, ND!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Watford City, ND, is on a rollercoaster ride. The average rent price in Watford City, ND, is $0.00. Indeed, when looking to rent in Watford City, ND, you can expect to pay as little as $0.00 or as much as $0.00, with the average rent median estimated to be $0.00. The good news is that finding an affordable and desirable property to rent in Watford City, 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.
Watford City is located in McKenzie, North Dakota, with an estimated municipal population of 7,835 residents. All of the best foreclosed homes for sale in Watford City are located in the following zip code areas on Foreclosure.com: 58854. The estimated population per square kilometer (.62 miles) in Watford City is 339.
So, about how much do homes cost in Watford City? The most recent median value of resident-owned homes in Watford City is 235,240. An estimated 45.3 percent of households in Watford City own their homes, with an average family size of 3.35. The median household income in Watford City is 74,797, with39.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Watford City, the median commute time of resident workers (in minutes) is 18.3. And last, but certainly not least, are you looking for homes to rent in Watford City? If so, the average rent price paid by renters in Watford City is 1,143, according to recent statistics.
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 Watford City, 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 Watford City is 29.2, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Watford City is 42.8, with an average family size of 3.35.
The percentage of residents who report their race in Watford City is as follows:
| White | 88.4% |
| Black / African American | 0.6% |
| Asian | 0% |
| American Indian / Alaskan Native | 5.9% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3.1% |
| Other | 2.1% |
Looking for family-friendly neighborhoods in and/or near Watford City? Or maybe you are searching for 55+ active adult communities in and/or near Watford City?
The percentage of residents who report their age in Watford City is as follows:
| Under 10 | 22.6% |
| Aged 10-19 | 7.3% |
| 20s | 22.1% |
| 30s | 14.7% |
| 40s | 9.4% |
| 50s | 9.3% |
| 60s | 8% |
| 70s | 4.4% |
| 80+ | 2.3% |
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 Watford City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Watford City.
How do you know that living in -- or moving to -- Watford City is right where you need to be? Perhaps you grew up in Watford City or already live nearby; therefore, the decision to buy a home in Watford City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Watford City 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 Watford City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Watford City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Watford City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Watford City, meanwhile, can field multiple offers from more qualified buyers.
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