Zip 58474 (Oakes, ND) Housing

The median value of housing in 58474 Oakes, ND is $141,700, which is significantly lower than the US house median value of $338,100. However, this area has seen an impressive 1 year house appreciation rate of 9.41%, while the US average stands at 8.27%. This indicates that the real estate market here is quite strong and that those who invest in housing in this area may expect to benefit from its high appreciation rate over time.

The median home cost in Oakes (zip 58474) is $141,700. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Oakes (zip 58474) is up 10.5%.

Average Age of Homes

- The median age of Oakes (zip 58474) real estate is 47 years old

The Rental Market in Oakes (zip 58474)

- Renters make up 25.4% of the Oakes (zip 58474) population
- 1.1% of houses and apartments in Oakes (zip 58474), 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	Oakes, North Dakota	United States
	1,186.0	139,647,020.0
	55	42
	$141,700	$338,100
	10.5%	16.6%
	26.7%	57.0%
	51.1%	101.1%
	$11.81	$10.98
	$1,562	$2,690
	72.9%	57.4%
	9.9%	11.2%
	17.2%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.4%	0.4%
	0.8%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	6.4%	2.6%
	7.8%	2.4%
	9.4%	2.8%
	5.6%	3.9%
	5.2%	4.5%
	20.3%	11.3%
	15.2%	13.0%
	23.3%	20.1%
	4.1%	13.6%
	1.2%	8.3%
	1.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.9%	13.6%
	2.9%	13.6%
	8.2%	13.6%
	10.5%	13.2%
	20.0%	14.8%
	8.2%	13.6%
	7.6%	10.0%
	9.9%	4.7%
	26.2%	12.2%

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