The housing market in 58773 Powers Lake, ND is a great option for potential homeowners. The median house value in 58773 Powers Lake is $258,100 which is lower than the US median of $338,100. In addition, the 1 year house appreciation rate in 58773 Powers Lake is 9.41%, higher than the US average of 8.27%. This makes it an attractive investment opportunity for those looking to purchase property in this area. With these factors taken into consideration, purchasing a home in 58773 Powers Lake could potentially prove to be a very profitable decision.
The median home cost in Powers Lake (zip 58773) is $258,100. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Powers Lake (zip 58773) is up 10.5%.
Average Age of Homes
- The median age of Powers Lake (zip 58773) real estate is 65 years old
The Rental Market in Powers Lake (zip 58773)
- Renters make up 29.1% of the Powers Lake (zip 58773) population
- 1.9% of houses and apartments in Powers Lake (zip 58773), 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.