Housing in Terral, OK is relatively affordable compared to the US median value of $338,100. In Terral, the median value of a house is around $70,400. This means that people who are looking to purchase a home can find cheaper housing than what they would typically find in other parts of the country. Furthermore, the 1 year appreciation rate for homes in Terral is 9.28%, which is higher than the national average of 8.27%. This suggests that investing in real estate in this area would be a wise decision for those interested in capitalizing on increasing property values.
The median home cost in Terral is $70,400. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Terral is up 17.8%.
Average Age of Homes
- The median age of Terral real estate is 63 years old
The Rental Market in Terral
- Renters make up 12.1% of the Terral population
- 1.0% of houses and apartments in Terral, 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.