The housing market in Ransom, ND County is strong and growing. The median value of a house in the area is $164,880, which is significantly lower than the US median value of $338,100. In the last year alone, the appreciation rate for housing in Ransom County has been 9.41%, which is higher than the US average of 8.27%. This suggests that investing in real estate in this area could be a lucrative enterprise. Furthermore, with its low median value and high appreciation rate, Ransom County may be an attractive destination for anyone looking to purchase or invest in a new home.
The median home cost in Ransom County is $164,880. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Ransom County is up 13.5%.
Average Age of Homes
- The median age of Ransom County real estate is 53 years old
The Rental Market in Ransom County
- Renters make up 25.9% of the Ransom County population
- 3.2% of houses and apartments in Ransom 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.