The housing market in Babb, MT is considerably more valuable than the national average. The median value of a house in Babb is $181,000 compared to $338,100 nationally. This discrepancy is further amplified by the appreciative value of houses as the US 1 year House Appreciation rate stands at 8.27% while the 1 year House Appreciation rate in Babb has risen to 20.18%. This speaks to the strong housing market in Babb and signals potential for investment opportunities in this city.
The median home cost in Babb is $181,000. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Babb is up 20.3%.
Average Age of Homes
- The median age of Babb real estate is 42 years old
The Rental Market in Babb
- Renters make up 7.1% of the Babb population
- 10.7% of houses and apartments in Babb, 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.