Severn, ND is an excellent place to live with its median housing value of $327,300. This is slightly lower than the US median housing value of $338,100, but still significantly higher than many other areas in the country. Moreover, the house appreciation rate in Severn, ND has been even higher than the national rate at 9.41% compared to 8.27%, showing that this area is a great investment opportunity for potential homeowners. With its high median housing value and rising appreciation rates, Severn is a great place to settle down and purchase a home.
The median home cost in Severn is $327,300. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Severn is up 10.5%.
Average Age of Homes
- The median age of Severn real estate is 54 years old
The Rental Market in Severn
- Renters make up 10.7% of the Severn population
- 0.0% of houses and apartments in Severn, 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.