The housing market in Akra, ND is below the national average with a median value of $137,800 compared to the US median value of $338,100. Despite being below the national average, Akra still experienced a 7.60% increase in housing value over the last year, which is just shy of the 8.27% national appreciation rate for houses. Despite this improvement in local housing prices and options, it is clear that there is still much work to be done to bring Akra up to the national standards for housing affordability and availability.
The median home cost in Akra is $137,800. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Akra is up 9.6%.
Average Age of Homes
- The median age of Akra real estate is 40 years old
The Rental Market in Akra
- Renters make up 9.2% of the Akra population
- 0.0% of houses and apartments in Akra, 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.