Reeder, ND is a small town with an impressive median house value of $68,400. This is quite a bit lower than the US median house value of $338,100 yet the 1 year appreciation rate for housing in Reeder is higher at 9.41% compared to 8.27% nationally. In Reeder it seems that the housing market is not only cheaper but also appreciating faster than other parts of the country.
The median home cost in Reeder is $68,400. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Reeder is up 10.5%.
Average Age of Homes
- The median age of Reeder real estate is 71 years old
The Rental Market in Reeder
- Renters make up 22.1% of the Reeder population
- 3.6% of houses and apartments in Reeder, 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.