Housing in Truax, ND is quite expensive and highly desirable. The median value of a house in Truax is $665,400 which is almost double the US House Median Value of $338,100. The 1 year House Appreciation rate in Truax was also higher than the national average at 9.41%, much higher than the US appreciation rate of 8.27%. This suggests that houses in Truax are increasing in value significantly faster than those nationwide and this makes it an attractive real estate option for potential buyers.
The median home cost in Truax is $665,400. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Truax is up 10.5%.
Average Age of Homes
- The median age of Truax real estate is 39 years old
The Rental Market in Truax
- Renters make up 19.7% of the Truax population
- 0.0% of houses and apartments in Truax, 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.