The housing market in Torgerson, ND is quite healthy, with the median value of housing at $178,200. This is significantly lower than the US house median value of $338,100. However, it has seen a strong appreciation rate of 9.41%, which is higher than the US one-year appreciation rate of 8.27%. This suggests that Torgerson’s housing market is growing and vibrant. Investors looking for a potential return on their investments may be wise to consider this city as a great place to invest in real estate.
The median home cost in Torgerson is $178,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Torgerson is up 10.5%.
Average Age of Homes
- The median age of Torgerson real estate is 58 years old
The Rental Market in Torgerson
- Renters make up 11.5% of the Torgerson population
- 0.0% of houses and apartments in Torgerson, 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.