Berlin, NH is a great place to live as the median value of houses is much lower than the national average. According to the given information, the median value of a house in Berlin, NH is $164,700 while the US median house value is $338,100. This means that housing prices in Berlin are much more affordable compared to other areas of the country. Additionally, over the past year there has been an impressive appreciation rate of 11.54%, which is higher than the US average of 8.27%. This indicates that investing in real estate in Berlin could be a smart decision and could lead to significant returns in the long run.
The median home cost in Berlin is $164,700. Home appreciation the last 10 years has been 90.8%. Home Appreciation in Berlin is up 18.0%.
Average Age of Homes
- The median age of Berlin real estate is 78 years old
The Rental Market in Berlin
- Renters make up 34.0% of the Berlin population
- 1.7% of houses and apartments in Berlin, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.