Plaza, ND is a small town with a population of about 1,000 people. It has an average median house value of $127,600 which is considerably less than the U.S. median of $338,100. Despite the lower housing cost in comparison to nationwide averages, the town is still seeing strong appreciation in its housing market with an increase of 9.41% over the last year compared to 8.27% on a national scale. This shows that Plaza, ND is a great place for those looking to invest in real estate and take advantage of the low home prices and potential returns they can generate from appreciation.
The median home cost in Plaza is $127,600. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Plaza is up 10.5%.
Average Age of Homes
- The median age of Plaza real estate is 40 years old
The Rental Market in Plaza
- Renters make up 27.7% of the Plaza population
- 6.4% of houses and apartments in Plaza, 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.