Tower City, ND is a great option for housing due to its affordability and high appreciation rate. The median house value in Tower City is $171,700 which is well below the US median of $338,100. It's also experienced a 1 year appreciation rate of 12.36%, significantly higher than the national average of 8.27%. This makes Tower City an attractive option for potential homebuyers looking for an affordable yet appreciating market.
The median home cost in Tower City is $171,700. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Tower City is up 13.5%.
Average Age of Homes
- The median age of Tower City real estate is 45 years old
The Rental Market in Tower City
- Renters make up 23.4% of the Tower City population
- 4.1% of houses and apartments in Tower City, 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.