The housing market in Newburgh, ND is slightly lower than the US average with a median value of $228,700. Still, homes in Newburgh have seen a 7.60% appreciation rate over the past year, just slightly below the US rate of 8.27%. This suggests that despite its lower median value, Newburgh is still an attractive destination for potential homeowners. With its lower price and steady appreciation rate, it could be an excellent place to invest in a home.
The median home cost in Newburgh is $228,700. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Newburgh is up 9.6%.
Average Age of Homes
- The median age of Newburgh real estate is 62 years old
The Rental Market in Newburgh
- Renters make up 24.1% of the Newburgh population
- 0.0% of houses and apartments in Newburgh, 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.