58474, Oakes, ND

The 58474 zip code of Oakes, ND has a median home value of $128,000. This is lower than the statewide median home value of $177,500. The average home size in this zip code is 2 bedrooms and 1 bathroom. The majority (84%) of homes in this zip code are owner-occupied. Home equity in this zip code is lower than the statewide average home equity of $142,500.

There are several factors that could contribute to the lower home equity in this zip code. One reason may be that there are fewer homes available for sale in this area than other areas of the state. Additionally, many residents may be using their home equity to finance other investments or debts instead of investing it into their homes.

Despite these factors, there are still some homeowners who have been able to build up significant amounts of equity over time. If you're interested in buying a home in this area, it's important to research all available options and consider your own financial situation before making an investment decision.