Fay, ND is a great place to invest in housing. The current median value of homes is $209,700, which is lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate for homes in Fay, ND is 9.41%, higher than the US house appreciation rate of 8.27%. This suggests that investing in housing in Fay can yield higher returns over time and make it an attractive option for potential buyers.
The median home cost in Fay is $209,700. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Fay is up 10.5%.
Average Age of Homes
- The median age of Fay real estate is 42 years old
The Rental Market in Fay
- Renters make up 31.3% of the Fay population
- 0.0% of houses and apartments in Fay, 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.