The housing market in Homestead, ND is showing signs of growth. The median value of homes in the area is $212,000, which is substantially lower than the US median value of $338,100. However, the one year house appreciation rate in Homestead is 12.36%, which is significantly higher than the US average of 8.27%. This indicates that the housing market in Homestead is rapidly increasing and could be a good investment for prospective home buyers.
The median home cost in Homestead is $212,000. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Homestead is up 13.5%.
Average Age of Homes
- The median age of Homestead real estate is 39 years old
The Rental Market in Homestead
- Renters make up 11.5% of the Homestead population
- 0.0% of houses and apartments in Homestead, 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.