The housing market in McGinnis, ND is quite affordable compared to the national average. The median house value in McGinnis is $227,100, which is significantly lower than the US median house value of $338,100. In the past year alone, the US housing market has seen an appreciation of 8.27%, while McGinnis has seen an appreciation of 7.45%. This slower rate of appreciation suggests that housing prices are more stable in this area than other parts of the country. Overall, living in McGinnis provides a great opportunity for those looking for affordable housing options without sacrificing quality or access to amenities.
The median home cost in McGinnis is $227,100. Home appreciation the last 10 years has been 58.3%. Home Appreciation in McGinnis is up 10.8%.
Average Age of Homes
- The median age of McGinnis real estate is 41 years old
The Rental Market in McGinnis
- Renters make up 33.3% of the McGinnis population
- 0.0% of houses and apartments in McGinnis, 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.