The housing market in Cathay, ND is quite affordable, with the median value of a house being approximately $42,000. This is substantially lower than the national median value of $338,100. Despite this, the appreciation rate of houses in Cathay is still higher than that of the US as a whole, at 9.41%. This means that any investments in housing in Cathay are likely to be rewarded with growth and return on investment over time.
The median home cost in Cathay is $42,000. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Cathay is up 10.5%.
Average Age of Homes
- The median age of Cathay real estate is 78 years old
The Rental Market in Cathay
- Renters make up 13.3% of the Cathay population
- 0.0% of houses and apartments in Cathay, 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.