Lignite, ND is a great place to purchase a home. The housing median value is currently $107,200 which is substantially lower than the US median of $338,100. Additionally, the 1 year house appreciation rate in Lignite is 9.41%, which is higher than the 8.27% growth across the entire US. This makes Lignite an ideal place for anyone looking to purchase a home and enjoy good appreciation value over time.
The median home cost in Lignite is $107,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Lignite is up 10.5%.
Average Age of Homes
- The median age of Lignite real estate is 51 years old
The Rental Market in Lignite
- Renters make up 36.8% of the Lignite population
- 5.7% of houses and apartments in Lignite, 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.