Richardton, ND is a great place for housing investment due to its higher than average appreciation rate for the past year. With a median value of $178,200, it is significantly lower than the US median value of $338,100. Over the past year, Richardton also experienced an impressive appreciation rate of 9.41%, higher than the national average of 8.27%. This makes it an attractive option for those looking for a lower-priced home that can still see high returns on their investments.
The median home cost in Richardton is $178,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Richardton is up 10.5%.
Average Age of Homes
- The median age of Richardton real estate is 53 years old
The Rental Market in Richardton
- Renters make up 20.2% of the Richardton population
- 1.6% of houses and apartments in Richardton, 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.