The housing market in Lovell, ND is quite healthy, with median values that are significantly lower than the national average. The median value of a house in Lovell is $150,900 compared to the US median value of $338,100. Additionally, the one year appreciation rate for homes in Lovell was 9.41%, compared to 8.27% nationally. This indicates that investing in a home in Lovell could be a great opportunity for potential buyers who are looking to increase their equity quickly.
The median home cost in Lovell is $150,900. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Lovell is up 10.5%.
Average Age of Homes
- The median age of Lovell real estate is 50 years old
The Rental Market in Lovell
- Renters make up 17.1% of the Lovell population
- 0.0% of houses and apartments in Lovell, 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.