The housing market in LaMars, ND is thriving. The median value of houses in the city is $197,000, significantly lower than the US house median value of $338,100. Despite this difference in cost, the one-year appreciation rate for houses in LaMars is 12.36%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that buying a home in LaMars can be a wise investment for those who are looking to purchase property and benefit from its increasing value over time.
The median home cost in LaMars is $197,000. Home appreciation the last 10 years has been 77.7%. Home Appreciation in LaMars is up 13.5%.
Average Age of Homes
- The median age of LaMars real estate is 78 years old
The Rental Market in LaMars
- Renters make up 31.3% of the LaMars population
- 0.0% of houses and apartments in LaMars, 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.