Zip 58701 (Minot, ND) Housing

The housing market in 58701 Minot, ND is a great place to invest in. The median value for houses in the area is $241,000, which is considerably lower than the US house median of $338,100. This makes it an attractive option for potential buyers. Furthermore, the one year appreciation rate in 58701 Minot, ND is 9.41%, higher than the national average of 8.27%. This could indicate that buying a house now would be a good decision with potential to increase its value over time.

The median home cost in Minot (zip 58701) is $241,000. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Minot (zip 58701) is up 10.5%.

Average Age of Homes

- The median age of Minot (zip 58701) real estate is 37 years old

The Rental Market in Minot (zip 58701)

- Renters make up 32.1% of the Minot (zip 58701) population
- 3.9% of houses and apartments in Minot (zip 58701), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Minot, North Dakota	United States
	16,230.0	139,647,020.0
	36	42
	$241,000	$338,100
	10.5%	16.6%
	26.7%	57.0%
	51.1%	101.1%
	$11.41	$10.98
	$2,700	$2,690
	52.1%	57.4%
	12.4%	11.2%
	35.5%	31.4%
Vacant Housing
	3.9%	1.9%
	1.3%	0.4%
	1.5%	0.7%
	0.4%	0.4%
	1.2%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	2.0%	2.4%
	2.7%	2.8%
	1.8%	3.9%
	3.3%	4.5%
	7.9%	11.3%
	12.4%	13.0%
	36.6%	20.1%
	13.8%	13.6%
	7.1%	8.3%
	3.6%	9.7%
	2.3%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	11.3%	13.6%
	9.6%	13.2%
	16.3%	14.8%
	11.3%	13.6%
	10.4%	10.0%
	3.2%	4.7%
	9.0%	12.2%

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