The housing in Rolla, ND is relatively affordable compared to the national average. The median value of homes in Rolla is $116,800 compared to the US median value of $338,100. In the past year, there has been a 9.41% appreciation in house values which is slightly higher than the US appreciation rate of 8.27%. This shows that people are investing in properties in Rolla and that real estate is a wise investment for those looking for an affordable option.
The median home cost in Rolla is $116,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Rolla is up 10.5%.
Average Age of Homes
- The median age of Rolla real estate is 44 years old
The Rental Market in Rolla
- Renters make up 37.3% of the Rolla population
- 2.2% of houses and apartments in Rolla, 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.