The housing market in Napoleon, ND is much lower than the US average. The median value of a house in Napoleon is $92,800, which is significantly lower than the US median value of $338,100. Despite this difference, the 1 year appreciation rate for housing in Napoleon was 6.75%, which is only slightly lower than the national rate of 8.27%. This indicates that there is still potential for growth in the housing market in Napoleon and other areas close by. Over time, it may be possible to see an increase in home values that could make it attractive to potential buyers.
The median home cost in Napoleon is $92,800. Home appreciation the last 10 years has been 60.8%. Home Appreciation in Napoleon is up 10.9%.
Average Age of Homes
- The median age of Napoleon real estate is 45 years old
The Rental Market in Napoleon
- Renters make up 17.7% of the Napoleon population
- 1.4% of houses and apartments in Napoleon, 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.