The housing market in Colgate, ND is flourishing. The median value of homes in Colgate is currently $189,000, which is significantly lower than the US House median value of $338,100. In addition to this lower cost, the one-year appreciation rate for housing in Colgate is 12.36%, much higher than the 8.27% one-year appreciation rate nationally. This makes Colgate a great place to invest in housing due to the relatively low cost and high potential for increased value over a short period of time.
The median home cost in Colgate is $189,000. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Colgate is up 13.5%.
Average Age of Homes
- The median age of Colgate real estate is 39 years old
The Rental Market in Colgate
- Renters make up 0.0% of the Colgate population
- 0.0% of houses and apartments in Colgate, 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.