The housing market in Sorenson, ND is strong, with a median value of $138,700. This is significantly lower than the US median value of $338,100. Despite the lower cost, there has been a 9.41% 1 year appreciation rate in the housing market in Sorenson compared to 8.27% for the US as a whole. This shows that Sorenson's housing market is outpacing the national rate and making it a desirable place to live both for those looking to buy and those looking to invest.
The median home cost in Sorenson is $138,700. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Sorenson is up 10.5%.
Average Age of Homes
- The median age of Sorenson real estate is 78 years old
The Rental Market in Sorenson
- Renters make up 0.0% of the Sorenson population
- 0.0% of houses and apartments in Sorenson, 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.