The housing market in Pherrin, ND is thriving. The median value of homes in the area is currently $434,900, which is significantly higher than the national median value of $338,100. In addition, the appreciation rate over the past year has been even higher than the national average at 9.41%, indicating a strong and growing local economy. This increase in house values reflects Pherrin's status as an appealing and desirable place to live.
The median home cost in Pherrin is $434,900. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Pherrin is up 10.5%.
Average Age of Homes
- The median age of Pherrin real estate is 6 years old
The Rental Market in Pherrin
- Renters make up 5.9% of the Pherrin population
- 0.0% of houses and apartments in Pherrin, 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.