The housing market in Petersburg, ND is quite affordable, with the median value at $93,000. This is significantly lower than the US median value of $338,100. The house appreciation rate in Petersburg, ND over the last year has been 7.60%, slightly below the US average of 8.27%. This makes Petersburg an attractive option for those looking for an affordable and stable housing market.
The median home cost in Petersburg is $93,000. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Petersburg is up 9.6%.
Average Age of Homes
- The median age of Petersburg real estate is 61 years old
The Rental Market in Petersburg
- Renters make up 15.6% of the Petersburg population
- 4.9% of houses and apartments in Petersburg, 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.