The housing market in McVille, ND is extremely attractive due to its median value of $92,200. Compared to the US house median value of $338,100, this is significantly lower which presents great opportunity for potential buyers. Although the US 1 year house appreciation rate was 8.27%, McVille experienced a 7.60% increase in house appreciation rate over the last year suggesting a steady and consistent growth in the market. All in all, the housing market in McVille provides attractive investment opportunities along with a great quality of life.
The median home cost in McVille is $92,200. Home appreciation the last 10 years has been 61.5%. Home Appreciation in McVille is up 9.6%.
Average Age of Homes
- The median age of McVille real estate is 60 years old
The Rental Market in McVille
- Renters make up 13.3% of the McVille population
- 5.9% of houses and apartments in McVille, 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.