Trend of Rental Yield in Oliver County, North Dakota

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

1. Median Gross Rent
2. Median Home Value

 

Our key findings

• % Change Population: Oliver County under performed than North Dakota by -0.8
• % Change Population: Oliver County out performed than US by 7.0
• CAGR Population: Oliver County under performed than state by -0.1
• CAGR Population: Oliver County out performed than US by 1.1
• % Change Median Gross Rent: Oliver County out performed than North Dakota by 8.7
• % Change Median Gross Rent: Oliver County out performed than US by 27.7
• CAGR Median Gross Rent: Oliver County out performed than state by 1.1
• CAGR Median Gross Rent: Oliver County out performed than US by 3.8
• % Change Home Value: Oliver County out performed than North Dakota by 4.1
• % Change Home Value: Oliver County out performed than US by 55.2
• CAGR Home Value: Oliver County out performed than state by 0.5
• CAGR Home Value: Oliver County out performed than US by 7.8
• % Change Rental Yield: Oliver County out performed than North Dakota by 3.4
• % Change Rental Yield: Oliver County under performed than US by -24.7
• CAGR Rental Yield: Oliver County out performed than state by 0.6
• CAGR Rental Yield: Oliver County under performed than US by -4.0

County	Oliver County
Population 2015	1,819
Population 2009	1,624
Population % change	12.0
Population change rank compared to US	268
Population change rank compared to North Dakota	13
Median Gross Rent 2015	534
Median Gross Rent 2009	378
Median Gross Rent % change	41.3
Median Gross Rent change rank compared to US	125
Median Gross Rent change rank compared to North Dakota	14
Home Value 2015	120,300
Home Value 2009	79,400
Home Value % change	51.5
Home Value change rank compared to US	65
Home Value change rank compared to North Dakota	23
Rental Yield 2015	5.3
Rental Yield 2009	5.7
Rental Yield % change	-6.8
Rental Yield change rank compared to US	2,695
Rental Yield change rank compared to North Dakota	25