The housing market in McKenzie, ND County is quite strong. The median value for a house in the county is $311,600, which is slightly lower than the US median house value of $338,100. Despite this difference, the county has seen a healthy appreciation rate over the last year of 7.04%, just under the US average of 8.27%. This indicates that homes in McKenzie County are still a good investment and demand remains high for local housing.
The median home cost in McKenzie County is $311,600. Home appreciation the last 10 years has been 51.1%. Home Appreciation in McKenzie County is up 10.5%.
Average Age of Homes
- The median age of McKenzie County real estate is 33 years old
The Rental Market in McKenzie County
- Renters make up 25.7% of the McKenzie County population
- 11.0% of houses and apartments in McKenzie County, 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.