North Rock Springs, WY is an excellent place to invest in real estate. The median value of homes in the area is currently $278,000, which is significantly lower than the US median value of $338,100. Over the past year, house appreciation in North Rock Springs has been 14.45%, compared to 8.27% for the US as a whole. This higher rate of appreciation indicates that North Rock Springs is a desirable location for property investment and provides potential buyers with a great opportunity to purchase a home at a relatively low price while still being able to enjoy attractive returns on their investment.
The median home cost in North Rock Springs is $278,000. Home appreciation the last 10 years has been 52.9%. Home Appreciation in North Rock Springs is up 15.8%.
Average Age of Homes
- The median age of North Rock Springs real estate is 29 years old
The Rental Market in North Rock Springs
- Renters make up 13.6% of the North Rock Springs population
- 6.7% of houses and apartments in North Rock Springs, 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.