Zip 58056 (Luverne, ND) Housing

The housing market in 58056 Luverne, ND is quite strong. The median value of housing in this area is $129,000, which is significantly lower than the US median value of $338,100. In addition, the 1-year house appreciation rate for this region is 12.36%, which shows a steady increase from the US 1-year house appreciation rate of 8.27%. This indicates that investing in real estate in 58056 Luverne, ND could be a sound financial decision for potential homeowners and investors alike.

The median home cost in Luverne (zip 58056) is $129,000. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Luverne (zip 58056) is up 13.5%.

Average Age of Homes

- The median age of Luverne (zip 58056) real estate is 46 years old

The Rental Market in Luverne (zip 58056)

- Renters make up 5.8% of the Luverne (zip 58056) population
- 0.0% of houses and apartments in Luverne (zip 58056), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Luverne, North Dakota	United States
	147.0	139,647,020.0
	60	42
	$129,000	$338,100
	13.5%	16.6%
	34.0%	57.0%
	77.7%	101.1%
	$11.51	$10.98
	$1,350	$2,690
	25.9%	57.4%
	55.8%	11.2%
	18.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	39.5%	3.6%
	16.3%	4.1%
Value of Owner-Occupied Housing
	5.3%	2.6%
	52.6%	2.4%
	0.0%	2.8%
	2.6%	3.9%
	0.0%	4.5%
	2.6%	11.3%
	2.6%	13.0%
	28.9%	20.1%
	0.0%	13.6%
	5.3%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	5.4%	13.6%
	3.4%	13.2%
	10.2%	14.8%
	5.4%	13.6%
	6.1%	10.0%
	0.0%	4.7%
	43.5%	12.2%

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