The housing in Lodema, ND is quite affordable compared to the national median value. The median value of a house in Lodema is $131,600 while the US median value is $338,100. Additionally, the rate of appreciation for homes in Lodema over the past year was 7.60%, just below the 8.27% house appreciation rate nationwide. This affordable and steadily increasing housing market makes Lodema an attractive homebuying option for those looking for a budget-friendly neighborhood with potential for future growth.
The median home cost in Lodema is $131,600. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Lodema is up 9.6%.
Average Age of Homes
- The median age of Lodema real estate is 59 years old
The Rental Market in Lodema
- Renters make up 27.9% of the Lodema population
- 0.0% of houses and apartments in Lodema, 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.