The housing market in Telfer, ND is quite strong, with the median value of homes there being $211,900. This is considerably lower than the US average of $338,100. However, despite this difference in value, Telfer has still seen a strong appreciation in housing prices over the past year at 6.75%, which is slightly lower than the US national average of 8.27%. This suggests that housing in Telfer remains a worthwhile investment for those looking to buy into the market.
The median home cost in Telfer is $211,900. Home appreciation the last 10 years has been 60.8%. Home Appreciation in Telfer is up 10.9%.
Average Age of Homes
- The median age of Telfer real estate is 42 years old
The Rental Market in Telfer
- Renters make up 10.8% of the Telfer population
- 2.4% of houses and apartments in Telfer, 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.