Robinson, ND is a great place to invest in housing. The median value of housing in the area is $135,100, which is significantly lower than the US House Median Value of $338,100. In addition, the 1 year appreciation for houses in Robinson has been 9.41%, slightly higher than the US appreciation rate of 8.27%. This makes Robinson an ideal location for investing in real estate since it offers potential investors a relatively low initial cost and high possible returns.
The median home cost in Robinson is $135,100. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Robinson is up 10.5%.
Average Age of Homes
- The median age of Robinson real estate is 71 years old
The Rental Market in Robinson
- Renters make up 6.3% of the Robinson population
- 10.0% of houses and apartments in Robinson, 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.