Housing in New Home, ND is more expensive than the US average. The median value of a house in New Home, ND is $380,700, compared to the US median of $338,100. In addition to being more expensive, housing prices in New Home have appreciated faster than the US average over the past year. According to figures from the National Association of Realtors, New Home home values have increased by 9.41% in one year compared to an 8.27% increase nationwide. This shows that despite being a higher priced market, New Home remains attractive to investors and homeowners due to its high appreciation rate.
The median home cost in New Home is $380,700. Home appreciation the last 10 years has been 51.1%. Home Appreciation in New Home is up 10.5%.
Average Age of Homes
- The median age of New Home real estate is 32 years old
The Rental Market in New Home
- Renters make up 0.0% of the New Home population
- 0.0% of houses and apartments in New Home, 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.