The housing market in Frederick, ND is thriving, with the median value of homes currently at $192,800. This is significantly lower than the US House Median Value of $338,100, but it reflects a healthier house appreciation rate with a 1 year appreciation of 9.41%, compared to the US 1 year House Appreciation rate of 8.27%. The higher appreciation rate signals that housing in Frederick, ND is in high demand and should continue to increase in value over time.
The median home cost in Frederick is $192,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Frederick is up 10.5%.
Average Age of Homes
- The median age of Frederick real estate is 68 years old
The Rental Market in Frederick
- Renters make up 0.0% of the Frederick population
- 0.0% of houses and apartments in Frederick, 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.