Mayville, ND is a small town with a population of approximately 6,000 people. The housing median value in Mayville is $158,300, which is much lower than the US house median value of $338,100. The US one year house appreciation rate is 8.27%, while Mayville has a one year house appreciation rate of 7.60%. Despite the lower values and appreciation rates compared to the national average, Mayville still offers many home-owning opportunities for those looking to purchase property. With picturesque views and an abundance of outdoor activities in the area, investing in a piece of real estate in Mayville might be worth considering for interested buyers.
The median home cost in Mayville is $158,300. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Mayville is up 9.6%.
Average Age of Homes
- The median age of Mayville real estate is 49 years old
The Rental Market in Mayville
- Renters make up 39.3% of the Mayville population
- 4.5% of houses and apartments in Mayville, 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.