Medford, ND is a small town with a median home value of $134,800, significantly lower than the US average of $338,100. Although Medford's housing market has seen an appreciable 7.60% increase in value over the last year, it still falls short of the US 1 year house appreciation rate of 8.27%. Despite this, many people may find Medford an attractive option for its lower cost of living and a chance to get more value for their money when investing in real estate.
The median home cost in Medford is $134,800. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Medford is up 9.6%.
Average Age of Homes
- The median age of Medford real estate is 78 years old
The Rental Market in Medford
- Renters make up 15.0% of the Medford population
- 0.0% of houses and apartments in Medford, 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.