Housing in Southwest, ND is a great option for potential homebuyers. The median value of housing in the area is $177,800, significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Southwest, ND is 12.36%, which is higher than the national average of 8.27%. This makes investing in housing in Southwest, ND an attractive option due to a quicker return on investment.
The median home cost in Southwest is $177,800. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Southwest is up 13.5%.
Average Age of Homes
- The median age of Southwest real estate is 62 years old
The Rental Market in Southwest
- Renters make up 66.7% of the Southwest population
- 0.0% of houses and apartments in Southwest, 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.