Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 1,393 people, 450 houses or apartments, and a median cost of homes of $811,416, Terrebonne house prices are not only among the most expensive in Oregon, Terrebonne real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Terrebonne, accounting for 72.22% of the town's housing units. Other types of housing that are prevalent in Terrebonne include mobile homes or trailers ( 27.78%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Terrebonne. Owner-occupied housing accounts for 82.44% of Terrebonne's homes, and 76.00% have either three or four bedrooms, which is average sized relative to America.
Terrebonne homes and real estate are some of the newest in America. 55.56% of Terrebonne's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Terrebonne real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.44%), and between 1940-1969 ( 0.00%).
In the last 10 years, Terrebonne has experienced some of the highest home appreciation rates of any community in the nation. Terrebonne real estate appreciated 179.62% over the last ten years, which is an average annual home appreciation rate of 10.83%, putting Terrebonne in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Terrebonne definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Terrebonne's appreciation rate, at 6.70%, has been at or slightly above the national average. In the latest quarter, Terrebonne's appreciation rate has been 3.56%, which annualizes to a rate of 15.02%.
Importantly, this makes Terrebonne one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Oregon, our data show that Terrebonne's latest annual appreciation rate is higher than 90% of the other cities and towns in Oregon.
$811,416
for Oregon
for nation
450
$1,002 / per month