The housing market in Prairie, ND is a great investment opportunity. The median value of homes in the area is currently $117,100, which is significantly lower than the US median value of $338,100. This means that there's a much greater potential for appreciation since the US 1 year house appreciation rate is 8.27% and the rate in Prairie, ND is 9.41%. This suggests that investing in housing in Prairie, ND could be a wise decision with returns that could exceed those of other areas. Furthermore, it's an affordable option for those wanting to buy a home nearby.
The median home cost in Prairie is $117,100. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Prairie is up 10.5%.
Average Age of Homes
- The median age of Prairie real estate is 49 years old
The Rental Market in Prairie
- Renters make up 0.0% of the Prairie population
- 0.0% of houses and apartments in Prairie, 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.