The housing market in Latona, ND is significantly lower than the national average. The median value for homes in Latona is $109,000 compared to the US median house value of $338,100. Despite the difference in median values, home appreciation has been relatively similar across both markets. Over the past year, housing appreciation was 8.27% nationally and 7.60% in Latona. This suggests that despite their lower median values, Latona's homes are holding their own as far as property value is concerned.
The median home cost in Latona is $109,000. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Latona is up 9.6%.
Average Age of Homes
- The median age of Latona real estate is 42 years old
The Rental Market in Latona
- Renters make up 15.4% of the Latona population
- 0.0% of houses and apartments in Latona, 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.