Newburg, ND is a small town with a median housing value of $100,800. Although this is significantly lower than the US median housing value of $338,100, it has still seen an impressive 1-year appreciation rate of 9.41% which is higher than the US average of 8.27%. This shows that Newburg’s real estate market is healthy and continuing to grow. Investing in Newburg is a viable option for those looking to invest in real estate at an affordable price point with relatively high return potential.
The median home cost in Newburg is $100,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Newburg is up 10.5%.
Average Age of Homes
- The median age of Newburg real estate is 59 years old
The Rental Market in Newburg
- Renters make up 37.6% of the Newburg population
- 0.0% of houses and apartments in Newburg, 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.