The housing market in Vale, ND is doing well, with the median value of a home at $132,500. This is significantly lower than the US House Median Value of $338,100; however, house appreciation in Vale has been higher than the US average over the past year, at 9.41% compared to 8.27%. This makes housing in Vale an attractive option for potential buyers looking for an affordable home combined with strong return-on-investment potential.
The median home cost in Vale is $132,500. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Vale is up 10.5%.
Average Age of Homes
- The median age of Vale real estate is 62 years old
The Rental Market in Vale
- Renters make up 13.3% of the Vale population
- 15.1% of houses and apartments in Vale, 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.