Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 20,582, 6,101 total housing units (homes and apartments), and a median house value of $347,437, North Ogden real estate prices are well above average cost compared to national prices.
North Ogden is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in North Ogden than is found in 98% of the communities in America.
The large homes that make up North Ogden are primarily owner-occupied ( 84.68%).
There is a lot of housing in North Ogden built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in North Ogden built between 2000 and later ( 27.79%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.33%). There's also some housing in North Ogden built before 1939 ( 1.34%).
In the last 10 years, North Ogden has experienced some of the highest home appreciation rates of any community in the nation. North Ogden real estate appreciated 65.44% over the last ten years, which is an average annual home appreciation rate of 5.16%, putting North Ogden in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, North Ogden definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in North Ogden that despite a nationwide downturn in the housing market, North Ogden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, North Ogden appreciation rates continue to be some of the highest in America, at 7.94%, which is higher than appreciation rates in 95.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in North Ogden. North Ogden appreciation rates in the latest quarter were at 2.69%, which equates to an annual appreciation rate of 11.18%.
Relative to Utah, our data show that North Ogden's latest annual appreciation rate is higher than 80% of the other cities and towns in Utah.
Very High for Nation
Average for UT