The housing market in Fort McDermitt, NV is much lower than the national average. The median value of houses in Fort McDermitt is $66,600, compared to the national median value of $338,100. Despite this difference, house appreciation in Fort McDermitt has been steadily increasing over the last year at a rate of 4.72%, slightly below the US 1 year appreciation rate of 8.27%. Despite having a lower median value than the rest of the country, it appears that housing is still on an upward trend in Fort McDermitt.
The median home cost in Fort McDermitt is $66,600. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Fort McDermitt is up 12.6%.
Average Age of Homes
- The median age of Fort McDermitt real estate is 39 years old
The Rental Market in Fort McDermitt
- Renters make up 17.5% of the Fort McDermitt population
- 0.0% of houses and apartments in Fort McDermitt, 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.