Royal, ND is a great place to invest in the housing market. The median value of homes in Royal, ND is $290,500 which is significantly lower than the national median value of $338,100. Additionally, year over year appreciation rates for homes in Royal, ND have been higher than the national average at 9.41% compared to 8.27%. This makes investing in real estate in Royal, ND a great opportunity for homeowners and investors alike.
The median home cost in Royal is $290,500. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Royal is up 10.5%.
Average Age of Homes
- The median age of Royal real estate is 47 years old
The Rental Market in Royal
- Renters make up 4.5% of the Royal population
- 0.0% of houses and apartments in Royal, 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.