The housing market in Talbot, ND is thriving. The median value of homes in the area is currently $375,100, which is significantly higher than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate for houses in Talbot, ND is 9.41%, nearly one percentage point higher than the US 1 year house appreciation rate of 8.27%. This indicates that homeowners in Talbot, ND are well positioned to benefit from rising property values over the coming years and be able to make a considerable return on their investment when they decide to sell their home.
The median home cost in Talbot is $375,100. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Talbot is up 10.5%.
Average Age of Homes
- The median age of Talbot real estate is 17 years old
The Rental Market in Talbot
- Renters make up 0.0% of the Talbot population
- 0.0% of houses and apartments in Talbot, 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.