Housing in 58562 New Leipzig, ND is relatively affordable compared to the rest of the United States. The median value of a house in this small town is $88,100, which is significantly lower than the US median value of $338,100. In the past year, the appreciation rate for housing in this area was 6.75%, somewhat lower than the national average of 8.27%. This could be a great opportunity for those looking for a more affordable option when it comes to housing. 58562 New Leipzig provides an ideal combination of affordability and accessibility to amenities and services that make it an attractive choice for homebuyers.
The median home cost in New Leipzig (zip 58562) is $88,100. Home appreciation the last 10 years has been 60.8%. Home Appreciation in New Leipzig (zip 58562) is up 10.9%.
Average Age of Homes
- The median age of New Leipzig (zip 58562) real estate is 55 years old
The Rental Market in New Leipzig (zip 58562)
- Renters make up 8.2% of the New Leipzig (zip 58562) population
- 0.0% of houses and apartments in New Leipzig (zip 58562), 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.