The housing market in Schrunk, ND is performing well relative to the US median. The median house value is just under $200,000, much lower than the US average of $338,100. Furthermore, the 1 year appreciation rate in Schrunk is 9.41%, slightly higher than the US average of 8.27%. This suggests that housing values in Schrunk are steadily increasing and should remain attractive to potential buyers looking for a good investment opportunity.
The median home cost in Schrunk is $199,800. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Schrunk is up 10.5%.
Average Age of Homes
- The median age of Schrunk real estate is 44 years old
The Rental Market in Schrunk
- Renters make up 0.0% of the Schrunk population
- 0.0% of houses and apartments in Schrunk, 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.