Spring Valley, ND is an attractive place to live due to its affordable housing prices. The median value of a single family home in Spring Valley is $141,000, which is significantly lower than the US median value of $338,100. The US median house appreciation rate over the last year was 8.27%, whereas Spring Valley experienced a higher rate of 9.41%. This indicates that investment in housing in Spring Valley is likely to yield good returns in the future.
The median home cost in Spring Valley is $141,000. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Spring Valley is up 10.5%.
Average Age of Homes
- The median age of Spring Valley real estate is 57 years old
The Rental Market in Spring Valley
- Renters make up 6.7% of the Spring Valley population
- 0.0% of houses and apartments in Spring Valley, 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.