The housing market in Newbury, ND is thriving. The median value for a home in Newbury is $246,500, which is significantly lower than the US median value of $338,100. However, over the past year the appreciation rate for homes in Newbury has been 9.41%, significantly higher than the national average of 8.27%. This demonstrates strong growth in the housing market and suggests that now could be a great time to invest in buying or selling property in Newbury.
The median home cost in Newbury is $246,500. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Newbury is up 10.5%.
Average Age of Homes
- The median age of Newbury real estate is 76 years old
The Rental Market in Newbury
- Renters make up 22.7% of the Newbury population
- 0.0% of houses and apartments in Newbury, 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.