The housing market in Powers, ND is very strong and is the envy of many other cities and towns. The median value of a home in Powers is $309,800, nearly $30,000 below the national median. Despite being lower than the national average, homes in Powers are actually appreciating at a rate faster than the rest of the country; over the last year they have seen an appreciation rate of 9.41%, compared to 8.27% for the nation as a whole. This shows that Powers is a great place to invest in real estate and is an area where people want to live.
The median home cost in Powers is $309,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Powers is up 10.5%.
Average Age of Homes
- The median age of Powers real estate is 41 years old
The Rental Market in Powers
- Renters make up 0.0% of the Powers population
- 0.0% of houses and apartments in Powers, 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.