Riga, ND is a small town located in Grand Forks County with a population of approximately 1,500 people. The median value for housing in Riga, ND is $125,800 which is significantly lower than the US house median value of $338,100. However, there has been an increase in housing prices over the past year with the US house appreciation rate being 8.27% and the Riga house appreciation rate being 9.41%. This shows that Riga's housing market has seen some improvements despite its small size. Overall Riga provides a good opportunity to purchase affordable housing with potential for future growth.
The median home cost in Riga is $125,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Riga is up 10.5%.
Average Age of Homes
- The median age of Riga real estate is 14 years old
The Rental Market in Riga
- Renters make up 0.0% of the Riga population
- 0.0% of houses and apartments in Riga, 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.