Housing is booming in Minot, ND with a median value of $231,100 and greater appreciation than the US House Median Value. The house median value in Minot, ND is 32% lower than the national median value of $338,100 and has seen a 9.41% appreciation in the last year compared to 8.27% nationally. With these favorable housing conditions, it is no wonder that more and more people are flocking to Minot to take advantage of this great opportunity.
The median home cost in Minot is $231,100. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Minot is up 10.5%.
Average Age of Homes
- The median age of Minot real estate is 40 years old
The Rental Market in Minot
- Renters make up 34.5% of the Minot population
- 4.2% of houses and apartments in Minot, 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.