The housing market in Forest River, ND is slightly below the national average. The median value of homes in Forest River, ND is $85,500 compared to the US median value of $338,100. The 1 year house appreciation rate in Forest River, ND was 7.60%, which was lower than the US 1 year house appreciation rate of 8.27%. Despite a lower than average housing market, this area offers an affordable option for home ownership and investment opportunities.
The median home cost in Forest River is $85,500. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Forest River is up 9.6%.
Average Age of Homes
- The median age of Forest River real estate is 56 years old
The Rental Market in Forest River
- Renters make up 9.6% of the Forest River population
- 0.0% of houses and apartments in Forest River, 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.