The housing market in Scobey, MT is thriving compared to the nation's average. The median value of homes in Scobey is $181,000 which is significantly lower than the US house median value of $338,100. This creates a great opportunity for potential buyers looking to purchase a home at an affordable price. Additionally, the one year appreciation rate of houses in Scobey is 14%, which is significantly higher than the US 1 year house appreciation rate of 8.27%. All this makes Scobey a great place to consider when looking for a new home.
The median home cost in Scobey is $181,000. Home appreciation the last 10 years has been 128.5%. Home Appreciation in Scobey is up 20.3%.
Average Age of Homes
- The median age of Scobey real estate is 58 years old
The Rental Market in Scobey
- Renters make up 19.6% of the Scobey population
- 2.9% of houses and apartments in Scobey, 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.