Rutland, North Dakota is an ideal place to invest in housing. The median value of a house in Rutland is $127,900 which is much lower than the US house median value of $338,100. This creates plenty of opportunities for potential buyers to find great deals on homes. Additionally, the 1 year appreciation rate for houses in Rutland is 12.36% which is significantly higher than the US 1 year house appreciation rate of 8.27%. Therefore, investing in real estate in Rutland can mean getting more bang for your buck while also earning a higher return on your investment over time.
The median home cost in Rutland (zip 58067) is $127,900. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Rutland (zip 58067) is up 13.5%.
Average Age of Homes
- The median age of Rutland (zip 58067) real estate is 59 years old
The Rental Market in Rutland (zip 58067)
- Renters make up 11.9% of the Rutland (zip 58067) population
- 3.2% of houses and apartments in Rutland (zip 58067), 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.