The housing market in 59323 Colstrip, MT is doing very well compared to the US average. The median value of a house in the area is $149,300, which is significantly lower than the US median of $338,100. On top of that, the rate of appreciation for housing in 59323 Colstrip, MT over the past year has been 14%, while the US average was 8.27%. This shows that there is considerable growth potential for homebuyers and investors looking to invest in this area. Additionally, with such reasonable prices, homeowners can be sure they are getting a great deal on their homes and have plenty of room to grow equity as real estate values continue to appreciate.
The median home cost in Colstrip (zip 59323) is $149,300. Home appreciation the last 10 years has been 128.5%. Home Appreciation in Colstrip (zip 59323) is up 20.3%.
Average Age of Homes
- The median age of Colstrip (zip 59323) real estate is 35 years old
The Rental Market in Colstrip (zip 59323)
- Renters make up 14.5% of the Colstrip (zip 59323) population
- 3.2% of houses and apartments in Colstrip (zip 59323), 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.