Munich, North Dakota has a median housing value of $95,400, which is significantly lower than the US national median of $338,100. The appreciation rate of homes in Munich over the last year has been 9.41%, higher than the US average of 8.27%. This indicates that there are good opportunities for investment in real estate in Munich. With such a low price point and higher appreciation rates, it makes sense to explore the Munich area when considering purchasing a home.
The median home cost in Munich is $95,400. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Munich is up 10.5%.
Average Age of Homes
- The median age of Munich real estate is 46 years old
The Rental Market in Munich
- Renters make up 14.3% of the Munich population
- 4.3% of houses and apartments in Munich, 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.