The housing market in 51364 Terril, IA is thriving. The median value of a home in this area is $124,800, which is significantly lower than the national median value of $338,100. In addition to being more affordable than many other areas in the country, the 1 year house appreciation rate for Terril is 11.61%, which is higher than the national average of 8.27%. This means that those who invest in a house in Terril can expect to see an increase in value over time, making this area an attractive option for potential buyers.
The median home cost in Terril (zip 51364) is $124,800. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Terril (zip 51364) is up 15.1%.
Average Age of Homes
- The median age of Terril (zip 51364) real estate is 72 years old
The Rental Market in Terril (zip 51364)
- Renters make up 28.0% of the Terril (zip 51364) population
- 0.0% of houses and apartments in Terril (zip 51364), 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.