The housing market in 59247 Medicine Lake, MT is much more affordable than the United States House Median Value of $338,100. The median value of homes in the area is $94,700 and has seen a 14.00% one year appreciation rate which is higher than the US 1 year House Appreciation rate of 8.27%. This means that if you are looking for an affordable home with good potential for appreciation you should definitely consider the Medicine Lake area.
The median home cost in Medicine Lake (zip 59247) is $94,700. Home appreciation the last 10 years has been 128.5%. Home Appreciation in Medicine Lake (zip 59247) is up 20.3%.
Average Age of Homes
- The median age of Medicine Lake (zip 59247) real estate is 59 years old
The Rental Market in Medicine Lake (zip 59247)
- Renters make up 12.5% of the Medicine Lake (zip 59247) population
- 3.1% of houses and apartments in Medicine Lake (zip 59247), 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.