The housing market in Medicine Hill, ND is an attractive option for potential home buyers. The median value of homes in the area is $172,000, which is far lower than the US median value of $338,100. In the last year, the US saw an appreciation rate of 8.27%, while Medicine Hill experienced an appreciation rate of 6.75%. This makes it a great opportunity to purchase a home in the area and benefit from some reasonable appreciation on the investment.
The median home cost in Medicine Hill is $172,000. Home appreciation the last 10 years has been 60.8%. Home Appreciation in Medicine Hill is up 10.9%.
Average Age of Homes
- The median age of Medicine Hill real estate is 47 years old
The Rental Market in Medicine Hill
- Renters make up 14.3% of the Medicine Hill population
- 0.0% of houses and apartments in Medicine Hill, 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.