Elm Grove, ND is a great place to live with its housing median value being $358,000. This is slightly higher than the national median value of $338,100 and shows that homeowners in Elm Grove have seen strong appreciation for their homes. Over the past year, house appreciation in Elm Grove has been 7.60%, which is lower than the national average of 8.27%. Although the rate of appreciation may be slightly lower in Elm Grove compared to the rest of the country, it still presents an excellent opportunity for those looking to buy a home or invest in real estate in this area.
The median home cost in Elm Grove is $358,000. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Elm Grove is up 9.6%.
Average Age of Homes
- The median age of Elm Grove real estate is 45 years old
The Rental Market in Elm Grove
- Renters make up 8.2% of the Elm Grove population
- 0.0% of houses and apartments in Elm Grove, 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.