Knife River, ND is a great place to live when it comes to housing. The median value of houses in Knife River is $275,600 which is lower than the US median value of $338,100. However, the 1-year appreciation rate for homes in Knife River is 9.41%, significantly higher than the US average of 8.27%. This indicates that homeowners in Knife River can expect to see a higher appreciation rate on their properties than other parts of the country.
The median home cost in Knife River is $275,600. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Knife River is up 10.5%.
Average Age of Homes
- The median age of Knife River real estate is 39 years old
The Rental Market in Knife River
- Renters make up 0.0% of the Knife River population
- 0.0% of houses and apartments in Knife 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.