Grand Forks, ND County has a median value of homes of $240,700, which is significantly lower than the national median value of $338,100. However, Grand Forks still experienced positive appreciation in the past year at 6.75%, slightly lower than the US house appreciation rate of 8.27%. This suggests that housing in Grand Forks is still an attractive option for people looking to invest in the real estate market.
The median home cost in Grand Forks County is $240,700. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Grand Forks County is up 9.6%.
Average Age of Homes
- The median age of Grand Forks County real estate is 40 years old
The Rental Market in Grand Forks County
- Renters make up 45.1% of the Grand Forks County population
- 3.3% of houses and apartments in Grand Forks County, 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.