Niagara, ND is one of the most affordable housing markets in the United States. The median value of houses in Niagara is $74,800, which is significantly lower than the national median value of $338,100. Despite this affordability, house values in Niagara still appreciated by 7.60%, just slightly below the US appreciation rate of 8.27%. This indicates that Niagara offers not only a great value for prospective homebuyers but also an excellent investment opportunity. The housing market in Niagara has been experiencing steady growth over the past year and looks to continue that trend into the future as more and more people look to relocate there.
The median home cost in Niagara is $74,800. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Niagara is up 9.6%.
Average Age of Homes
- The median age of Niagara real estate is 59 years old
The Rental Market in Niagara
- Renters make up 10.3% of the Niagara population
- 0.0% of houses and apartments in Niagara, 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.