The housing market in 58768 Norwich, ND is strong with the median value of homes being $224,700. This is significantly lower than the US house median value of $338,100 but it still far exceeds the other house appreciation rate of 8.27%. The one year appreciation rate in 58768 Norwich, ND is 9.41%, indicating that home values are increasing steadily and quickly. Homeowners in this area are likely to see their investments pay off with an increase in equity over a short period of time.
The median home cost in Norwich (zip 58768) is $224,700. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Norwich (zip 58768) is up 10.5%.
Average Age of Homes
- The median age of Norwich (zip 58768) real estate is 58 years old
The Rental Market in Norwich (zip 58768)
- Renters make up 11.9% of the Norwich (zip 58768) population
- 0.0% of houses and apartments in Norwich (zip 58768), 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.