The housing market in Nome, ND (zip code 58062) is in a strong position compared to the US as a whole. The median value of houses in Nome is $162,500, which is significantly lower than the US median value of $338,100. However, the appreciation rate of houses in Nome over the past year has been a strong 12.36%, more than double the US average of 8.27%. This indicates that housing prices are increasing quickly and steadily in Nome, making it an advantageous place for those looking to invest in property.
The median home cost in Nome (zip 58062) is $162,500. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Nome (zip 58062) is up 13.5%.
Average Age of Homes
- The median age of Nome (zip 58062) real estate is 74 years old
The Rental Market in Nome (zip 58062)
- Renters make up 12.8% of the Nome (zip 58062) population
- 0.0% of houses and apartments in Nome (zip 58062), 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.