Housing in Oakes, ND is a great investment! The median value of homes in Oakes is $124,300 while the US median value is $338,100. This makes for an attractive option for those looking to purchase real estate in the area. Furthermore, the 1 year house appreciation rate in Oakes was 9.41%, which is slightly higher than the US one-year appreciation rate of 8.27%. With this strong appreciation rate and affordable housing prices, anyone looking to invest in real estate would be wise to consider Oakes as an option.
The median home cost in Oakes is $124,300. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Oakes is up 10.5%.
Average Age of Homes
- The median age of Oakes real estate is 46 years old
The Rental Market in Oakes
- Renters make up 34.1% of the Oakes population
- 1.6% of houses and apartments in Oakes, 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.