Prospect, ND is a great place to invest in housing. The median housing value in Prospect is $213,900, which is significantly lower than the US median housing value of $338,100. In addition, the 1 year house appreciation rate for Prospect is 9.41%, which is slightly higher than the US average of 8.27%. This means that investing in Prospect real-estate can be a sound decision and could potentially earn you a good return on your investment.
The median home cost in Prospect is $213,900. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Prospect is up 10.5%.
Average Age of Homes
- The median age of Prospect real estate is 39 years old
The Rental Market in Prospect
- Renters make up 25.9% of the Prospect population
- 0.0% of houses and apartments in Prospect, 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.