The housing market in Fordville, ND is showing great promise, with the median value of homes being $72,600. This is significantly lower than the US median value of $338,100 and illustrates the affordability of this area. Additionally, the 1 year house appreciation rate in Fordville is 7.60%, which is slightly lower than the US average of 8.27%, but still a solid growth rate nonetheless. All of these factors indicate that Fordville is a great place to consider for those looking to invest in property or purchase a home.
The median home cost in Fordville is $72,600. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Fordville is up 9.6%.
Average Age of Homes
- The median age of Fordville real estate is 54 years old
The Rental Market in Fordville
- Renters make up 2.5% of the Fordville population
- 2.1% of houses and apartments in Fordville, 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.