The housing market in 58257 Mayville, ND has a median value of $164,800, which is substantially lower than the US median value of $338,100. The 1 year house appreciation rate for the US is 8.27%, while the 1 year appreciation rate in Mayville is 7.60%. This indicates that housing prices in Mayville have not risen as quickly as the national average. However, despite this slower growth in property values, real estate in this area remains an attractive option with its lower price point and potential for greater return on investment.
The median home cost in Mayville (zip 58257) is $164,800. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Mayville (zip 58257) is up 9.6%.
Average Age of Homes
- The median age of Mayville (zip 58257) real estate is 48 years old
The Rental Market in Mayville (zip 58257)
- Renters make up 35.8% of the Mayville (zip 58257) population
- 3.9% of houses and apartments in Mayville (zip 58257), 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.