The housing market in Binford, ND is quite strong with a median value of $77,300. This is significantly lower than the US median house value of $338,100 and makes for an attractive option for many home buyers. The one year appreciation rate in Binford, ND has been at 9.41% which is higher than the US 1 year house appreciation rate of 8.27%. This combination of affordability and increased appreciation suggests that the housing market in Binford, ND is growing quickly and provides great opportunities to prospective home owners.
The median home cost in Binford is $77,300. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Binford is up 10.5%.
Average Age of Homes
- The median age of Binford real estate is 57 years old
The Rental Market in Binford
- Renters make up 20.8% of the Binford population
- 11.6% of houses and apartments in Binford, 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.