In the city of Erie, ND (58029), the median value of a house is $404,100 which is significantly higher than the U.S. median house value of $338,100. This difference could be attributed to the higher rate of appreciation for houses in Erie (12.36%) compared to the US average (8.27%). This indicates that investing in housing in Erie could offer a more lucrative return on investment as property values are likely to increase over time.
The median home cost in Erie (zip 58029) is $404,100. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Erie (zip 58029) is up 13.5%.
Average Age of Homes
- The median age of Erie (zip 58029) real estate is 78 years old
The Rental Market in Erie (zip 58029)
- Renters make up 21.1% of the Erie (zip 58029) population
- 31.3% of houses and apartments in Erie (zip 58029), 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.