The housing market in Kramer, ND is thriving compared to the national average. The median value of homes in Kramer, ND is $123,900, far lower than the US house median value of $338,100. However, the 1 year house appreciation rate in Kramer, ND is 9.41%, significantly higher than the national average of 8.27%. This indicates that homes in Kramer are appreciating faster than those elsewhere in the country. It is a great time for everyone looking to invest in real estate or buy a home in this area due to the rising values.
The median home cost in Kramer is $123,900. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Kramer is up 10.5%.
Average Age of Homes
- The median age of Kramer real estate is 66 years old
The Rental Market in Kramer
- Renters make up 12.5% of the Kramer population
- 0.0% of houses and apartments in Kramer, 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.