Deering, ND is a small town with an affordable housing market. The median value of houses in Deering is $125,800, which is significantly lower than the US House Median Value of $338,100. Although this may be seen as a disadvantage by some people, it also comes with its own advantages due to the reduced cost of living and increased potential for investment opportunities. Furthermore, the 1-year appreciation rate of 9.41% in Deering, ND is even higher than the national rate of 8.27%, suggesting that house prices are continuing to rise in this area and could potentially provide financial gains for those looking to purchase properties there.
The median home cost in Deering is $125,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Deering is up 10.5%.
Average Age of Homes
- The median age of Deering real estate is 43 years old
The Rental Market in Deering
- Renters make up 5.3% of the Deering population
- 0.0% of houses and apartments in Deering, 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.