The housing market in Emerado, ND is much lower than the national median value of $338,100. Despite having a lower median value of $159,000, the city has had a solid appreciation rate of 7.60% in the last year that is only 0.67% below the national rate of 8.27%. This indicates that residents and investors alike have found value in the local housing market and are eager to buy and sell in Emerado.
The median home cost in Emerado is $159,000. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Emerado is up 9.6%.
Average Age of Homes
- The median age of Emerado real estate is 40 years old
The Rental Market in Emerado
- Renters make up 45.2% of the Emerado population
- 19.8% of houses and apartments in Emerado, 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.