Drayton, ND is a small town with a median housing value of $93,000. This is significantly lower than the US median housing value of $338,100. The US 1 year house appreciation rate is 8.27%, while the appreciation rate in Drayton, ND is 7.60%. This could indicate that the housing market in Drayton is growing at a slightly slower rate compared to the national average. Despite this, it may still be an attractive option for potential homeowners looking for an affordable place to live.
The median home cost in Drayton is $93,000. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Drayton is up 9.6%.
Average Age of Homes
- The median age of Drayton real estate is 57 years old
The Rental Market in Drayton
- Renters make up 31.2% of the Drayton population
- 7.9% of houses and apartments in Drayton, 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.