The housing market in Norway, ND is thriving. The median value of a house in Norway, ND is $169,100, which is lower than the US median value of $338,100. Even though it is lower than the US median value, the 1 year appreciation rate for house in Norway, ND is higher at 10.65%, compared to the US rate of 8.27%. This indicates that houses in Norway are becoming more desirable and valuable to buyers and investors alike.
The median home cost in Norway is $169,100. Home appreciation the last 10 years has been 71.9%. Home Appreciation in Norway is up 12.1%.
Average Age of Homes
- The median age of Norway real estate is 69 years old
The Rental Market in Norway
- Renters make up 33.3% of the Norway population
- 0.0% of houses and apartments in Norway, 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.