The housing in Florance, ND is a great investment opportunity due to its median value being significantly higher than the US median value. At $435,000, the housing median value is roughly 30% higher than the US median, offering potential homeowners and investors a larger return on their purchase. In addition, the 1 year appreciation rate for housing in Florance, ND is 9.41%, which is significantly higher than the US rate of 8.27%. This indicates that purchasing or investing in a home in Florance, ND could be an excellent way to grow one's wealth and capitalize on potential returns.
The median home cost in Florance is $435,000. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Florance is up 10.5%.
Average Age of Homes
- The median age of Florance real estate is 34 years old
The Rental Market in Florance
- Renters make up 2.9% of the Florance population
- 0.0% of houses and apartments in Florance, 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.