Raleigh, ND is an economically-stagnant town with a median housing value of $65,200. This is considerably less than the national median housing value of $338,100, but still posts a modest appreciation rate of 6.75% over the past year. This rate is lower than the national average of 8.27%, suggesting that while Raleigh may not be experiencing a boom in the real estate market, there are still moderately positive returns to be made on investments in the area.
The median home cost in Raleigh (zip 58564) is $65,200. Home appreciation the last 10 years has been 60.8%. Home Appreciation in Raleigh (zip 58564) is up 10.9%.
Average Age of Homes
- The median age of Raleigh (zip 58564) real estate is 46 years old
The Rental Market in Raleigh (zip 58564)
- Renters make up 6.0% of the Raleigh (zip 58564) population
- 0.0% of houses and apartments in Raleigh (zip 58564), 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.