The housing market in Reynolds, ND is relatively healthy compared to the national average. The median value of a house in Reynolds is $185,400, which is significantly lower than the US median value of $338,100. Although the one-year appreciation rate for houses in Reynolds is slightly less than the overall US rate of 8.27%, it still remains a healthy 7.60%, indicating that homes are increasing in value at a steady pace. With such good growth potential and an affordable cost of living relative to the rest of the country, Reynolds is an attractive place for those looking to invest in real estate or purchase their first home.
The median home cost in Reynolds is $185,400. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Reynolds is up 9.6%.
Average Age of Homes
- The median age of Reynolds real estate is 55 years old
The Rental Market in Reynolds
- Renters make up 13.2% of the Reynolds population
- 0.0% of houses and apartments in Reynolds, 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.