Cities with the most expensive homes in the Bismarck metro area
Cities with the most expensive homes in the Bismarck metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Bismarck metro area using data from . Charts show the monthly typical home value since January 2018. All 10 cities and towns with data available were included in the list.
#10. Glen Ullin, ND
- Typical home value: $129,410
- 1-year price change: -0.6%
- 5-year price change: -10.1%
#9. New Salem, ND
- Typical home value: $222,828
- 1-year price change: +7.6%
- 5-year price change: +13.3%
#8. Beulah, ND
- Typical home value: $236,095
- 1-year price change: +2.7%
- 5-year price change: +21.2%
#7. Sterling, ND
- Typical home value: $236,780
- 1-year price change: +7.8%
- 5-year price change: data not available
#6. Wilton, ND
- Typical home value: $247,800
- 1-year price change: +7.4%
- 5-year price change: +30.5%
#5. Lincoln, ND
- Typical home value: $304,388
- 1-year price change: +3.0%
- 5-year price change: +23.7%
#4. Mandan, ND
- Typical home value: $336,537
- 1-year price change: +6.6%
- 5-year price change: +33.7%
#3. Bismarck, ND
- Typical home value: $363,860
- 1-year price change: +5.5%
- 5-year price change: +30.6%
#2. Menoken, ND
- Typical home value: $380,912
- 1-year price change: +6.9%
- 5-year price change: data not available
#1. Baldwin, ND
- Typical home value: $491,021
- 1-year price change: -1.6%
- 5-year price change: data not available