Zip 58047 (Horace, ND) Housing

The housing market in 58047 Horace, ND is booming right now. The median housing value is $432,400, significantly higher than the US median of $338,100. This indicates that the real estate market in Horace is particularly strong. What's more, the one year house appreciation rate for this area is 12.36%, much higher than the national average of 8.27%. This suggests that investing in Horace real estate can be a very profitable endeavor over the next few years.

The median home cost in Horace (zip 58047) is $432,400. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Horace (zip 58047) is up 13.5%.

Average Age of Homes

- The median age of Horace (zip 58047) real estate is 29 years old

The Rental Market in Horace (zip 58047)

- Renters make up 17.0% of the Horace (zip 58047) population
- 0.0% of houses and apartments in Horace (zip 58047), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Horace, North Dakota	United States
	1,654.0	139,647,020.0
	26	42
	$432,400	$338,100
	13.5%	16.6%
	34.0%	57.0%
	77.7%	101.1%
	$9.39	$10.98
	$3,910	$2,690
	95.3%	57.4%
	2.2%	11.2%
	2.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.7%	0.4%
	0.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.1%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	2.0%	4.5%
	5.5%	11.3%
	5.0%	13.0%
	19.0%	20.1%
	13.1%	13.6%
	16.5%	8.3%
	13.3%	9.7%
	14.2%	3.9%
	8.6%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	2.4%	0.2%
	20.5%	13.6%
	20.5%	13.6%
	14.3%	13.6%
	11.2%	13.2%
	16.4%	14.8%
	14.3%	13.6%
	0.5%	10.0%
	2.1%	4.7%
	2.9%	12.2%

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