The housing market in Terril, IA is thriving. The median value of a home in the area is $124,100, which is significantly lower than the US house median value of $338,100. In addition to its attractive price point, the area also offers homeowners a 1 year house appreciation rate of 11.61%, which is higher than the national average of 8.27%. This makes it an ideal place for those looking to invest in property and benefit from a strong return on investment.
The median home cost in Terril is $124,100. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Terril is up 15.1%.
Average Age of Homes
- The median age of Terril real estate is 73 years old
The Rental Market in Terril
- Renters make up 29.2% of the Terril population
- 0.0% of houses and apartments in Terril, 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.