The housing median value in Reed, ND is $399,800, which is higher than the US House Median Value of $338,100. In addition to this already inflated value, Reed also experienced an increase in the 1 year House Appreciation of 11.69%, whereas the US only had 8.27%. This suggests that Reed is an attractive place to live for potential buyers who are looking for a place with greater house appreciation potential over the long-term.
The median home cost in Reed is $399,800. Home appreciation the last 10 years has been 75.7%. Home Appreciation in Reed is up 13.1%.
Average Age of Homes
- The median age of Reed real estate is 27 years old
The Rental Market in Reed
- Renters make up 0.0% of the Reed population
- 0.0% of houses and apartments in Reed, 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.