Scranton, ND is a great place to invest in real estate, as its median housing value is significantly lower than the US House Median Value. Despite being lower than the national average, the 1 year house appreciation rate in Scranton, ND far surpasses that of the nation as a whole at 9.41%. This makes it an attractive option for those looking to get the most out of their real estate investments.
The median home cost in Scranton is $127,600. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Scranton is up 10.5%.
Average Age of Homes
- The median age of Scranton real estate is 53 years old
The Rental Market in Scranton
- Renters make up 32.8% of the Scranton population
- 8.0% of houses and apartments in Scranton, 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.