The housing market in Thor, IA is vibrant and healthy, with a median value of $104,800 that is much lower than the US House Median Value of $338,100. Over the past year, house appreciation has been strong at 9.93%, which is greater than the national average of 8.27%. This positive trend indicates that there is a lot of demand for housing in the area and that property values are likely to continue to rise in the coming years. It is an ideal time for prospective buyers to consider purchasing real estate in Thor as it appears to be a sound investment.
The median home cost in Thor is $104,800. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Thor is up 14.4%.
Average Age of Homes
- The median age of Thor real estate is 78 years old
The Rental Market in Thor
- Renters make up 15.7% of the Thor population
- 3.8% of houses and apartments in Thor, 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.