The housing market in Richland, ND is flourishing! The median value of a house in Richland is $384,000, which is significantly higher than the US median of $338,100. Additionally, the 1 year appreciation rate for houses in Richland is 9.41%, while the US rate comes in at 8.27%. This shows that the housing market in Richland is growing quickly and could be providing promising returns on investment. With its relatively high median value and promising growth rate, Richland might be an appealing place to consider buying a home.
The median home cost in Richland is $384,000. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Richland is up 10.5%.
Average Age of Homes
- The median age of Richland real estate is 46 years old
The Rental Market in Richland
- Renters make up 0.0% of the Richland population
- 0.0% of houses and apartments in Richland, 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.