Northwood, ND is a great place to invest in the real estate market. With a median home value of $199,100, Northwood offers an affordable option compared to the US House median value of $338,100. This year, Northwood has seen a 7.60% appreciation in house values which is slightly below the national average of 8.27%. Whether you are looking for a cozy home to settle down in or an investment opportunity with potential returns, Northwood presents itself as an attractive option.
The median home cost in Northwood is $199,100. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Northwood is up 9.6%.
Average Age of Homes
- The median age of Northwood real estate is 59 years old
The Rental Market in Northwood
- Renters make up 31.5% of the Northwood population
- 12.3% of houses and apartments in Northwood, 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.