Norma, ND is a small rural town with a median housing value of $96,800, which is significantly lower than the US median value of $338,100. Despite this difference in comparison to the rest of the nation, Norma has seen a 1 year house appreciation of 12.36%, much higher than the US average appreciation rate of 8.27%. This makes Norma an attractive option for those looking to purchase at a more affordable price while still seeing returns on their investment.
The median home cost in Norma is $96,800. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Norma is up 13.5%.
Average Age of Homes
- The median age of Norma real estate is 78 years old
The Rental Market in Norma
- Renters make up 0.0% of the Norma population
- 0.0% of houses and apartments in Norma, 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.