The housing market in Souris, ND is thriving. According to recent estimates, the median housing value in the town is $180,800, which is significantly lower than the US median of $338,100. Despite this disparity, the 1 year house appreciation rate for Souris is 9.41%, higher than the national average of 8.27%. This indicates a healthy demand for housing in Souris and suggests that investing in property there would be a wise choice.
The median home cost in Souris is $180,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Souris is up 10.5%.
Average Age of Homes
- The median age of Souris real estate is 78 years old
The Rental Market in Souris
- Renters make up 14.0% of the Souris population
- 0.0% of houses and apartments in Souris, 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.