Luverne, ND Housing

The housing market in Luverne, ND is booming. The median value of a home in the city is currently $114,000, which is significantly lower than the US house median value of $338,100. On top of that, the 1 year appreciation rate for homes in Luverne is 12.36%, far outpacing the national average of 8.27%. This makes it an attractive option for those looking to purchase a home and invest in real estate. With prices below the national average and strong appreciation rates, investing in a home in Luverne could be a great way to make a solid return on your investment.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Luverne, North Dakota	United States
	16.0	139,647,020.0
	52	42
	$114,000	$338,100
	13.5%	16.6%
	34.0%	57.0%
	77.7%	101.1%
	$11.51	$10.98
	$199	$2,690
	37.5%	57.4%
	62.5%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.3%	3.6%
	56.3%	4.1%
Value of Owner-Occupied Housing
	33.3%	2.6%
	50.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	16.7%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	0.0%	13.6%
	0.0%	13.2%
	25.0%	14.8%
	0.0%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	68.8%	12.2%