The housing market in Norton, ND is quite strong. The median value of a house in Norton is $85,200 and the US median value is $338,100. While the US has seen an appreciation rate of 8.27% over the last year, houses in Norton have appreciated by a slightly lower rate of 7.60%. This indicates that people are continuing to invest in this area, as even with a slightly lower appreciation rate overall values are still increasing.
The median home cost in Norton is $85,200. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Norton is up 9.6%.
Average Age of Homes
- The median age of Norton real estate is 43 years old
The Rental Market in Norton
- Renters make up 12.5% of the Norton population
- 0.0% of houses and apartments in Norton, 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.