The housing market in Colton, SD is doing better than the national average with a median value of $303,900 compared to the US House Median Value of $338,100. The appreciation rate for houses in Colton over the past year was 12.74%, much higher than the US 1 year House Appreciation rate of 8.27%. This increase in home value demonstrates a healthy and growing real estate market in Colton that is likely to continue to rise as more people move into the area.
The median home cost in Colton is $303,900. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Colton is up 18.1%.
Average Age of Homes
- The median age of Colton real estate is 56 years old
The Rental Market in Colton
- Renters make up 17.8% of the Colton population
- 1.9% of houses and apartments in Colton, 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.