The housing market in New England, ND is doing relatively well, with the median value being $134,200 and a 1 year house appreciation of 9.41%. Although this is below the national average of $338,100 and 8.27% respectively, it bodes well for the local economy as house prices in this area are still growing. This could indicate a healthy job market and an overall positive outlook for the area's future.
The median home cost in New England is $134,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in New England is up 10.5%.
Average Age of Homes
- The median age of New England real estate is 63 years old
The Rental Market in New England
- Renters make up 15.9% of the New England population
- 0.0% of houses and apartments in New England, 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.