The housing market in Margaret, ND is thriving. According to recent data, the median house value in the city is currently $228,900 and has appreciated by 9.41% over the last year. Comparably, the median house value in the US overall is $338,100 and it has appreciated by 8.27% over the same time period. This indicates that house values in Margaret are increasing faster than the national average. This increase in value could be attributed to a variety of factors such as increased demand for housing in Margaret or appreciation of nearby areas which can also lead to higher home prices.
The median home cost in Margaret is $228,900. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Margaret is up 10.5%.
Average Age of Homes
- The median age of Margaret real estate is 57 years old
The Rental Market in Margaret
- Renters make up 8.3% of the Margaret population
- 0.0% of houses and apartments in Margaret, 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.