McKenzie, ND has a median housing value of $391,300, which is higher than the US median housing value of $338,100. In the past year, the US experienced an 8.27% increase in house appreciation while McKenzie, ND had a slightly lower appreciation rate of 6.75%. This indicates that McKenzie has been able to maintain its higher housing values even in the face of a national economic shift. The city thus appears to be an attractive option for potential buyers seeking homes at above-average prices for their area.
The median home cost in McKenzie is $391,300. Home appreciation the last 10 years has been 60.8%. Home Appreciation in McKenzie is up 10.9%.
Average Age of Homes
- The median age of McKenzie real estate is 45 years old
The Rental Market in McKenzie
- Renters make up 2.0% of the McKenzie population
- 0.0% of houses and apartments in McKenzie, 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.