Pembina, ND is a great place to live with its current median house value of $121,800. This is significantly lower than the US median housing value of $338,100 which shows that Pembina offers more affordable options. The national 1 year house appreciation rate has been 8.27%, while the Pembina rate has been 7.60%. This shows that although the housing market in Pembina may be slightly slower than the US average, it makes for a great investment opportunity as values are still increasing but at a more manageable pace.
The median home cost in Pembina is $121,800. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Pembina is up 9.6%.
Average Age of Homes
- The median age of Pembina real estate is 48 years old
The Rental Market in Pembina
- Renters make up 23.4% of the Pembina population
- 5.3% of houses and apartments in Pembina, 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.