Newland, ND offers an affordable housing market with a median value of $215,700, which is significantly lower than the US median value of $338,100. As such, it is quickly becoming a popular destination for people looking to purchase real estate. The US has experienced a one year house appreciation rate of 8.27%, while in Newland that rate is slightly higher at 8.68%. This demonstrates that Newland is a great place to invest in property and stand to gain a higher return on investment in the future.
The median home cost in Newland is $215,700. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Newland is up 10.1%.
Average Age of Homes
- The median age of Newland real estate is 55 years old
The Rental Market in Newland
- Renters make up 10.0% of the Newland population
- 0.0% of houses and apartments in Newland, 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.