Norwich, ND is an excellent place to buy a home with a median value of $267,100. This is lower than the US house median value of $338,100, making it more affordable for those looking to purchase a home. Additionally, the one year house appreciation in Norwich is even higher at 9.41%, compared to the US average of 8.27%. This provides potential homeowners with an incentive to invest in Norwich as their housing values continue to increase. Housing in Norwich is both affordable and beneficial for those who wish to take advantage of the growing market.
The median home cost in Norwich is $267,100. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Norwich is up 10.5%.
Average Age of Homes
- The median age of Norwich real estate is 58 years old
The Rental Market in Norwich
- Renters make up 0.0% of the Norwich population
- 0.0% of houses and apartments in Norwich, 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.