Medina, ND has a median housing value of $110,200, which is significantly lower than the US median house value of $338,100. Despite the lower value, the 1 year house appreciation rate in Medina is 9.41%, which is higher than the national average of 8.27%. This suggests that Medina is a good place for potential homeowners to invest in, as it offers a relatively low cost base with strong potential gains over time.
The median home cost in Medina (zip 58467) is $110,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Medina (zip 58467) is up 10.5%.
Average Age of Homes
- The median age of Medina (zip 58467) real estate is 51 years old
The Rental Market in Medina (zip 58467)
- Renters make up 12.7% of the Medina (zip 58467) population
- 0.3% of houses and apartments in Medina (zip 58467), 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.