The housing market in Brookings, SD is thriving. The median housing value is $252,800, which is much lower than the US median of $338,100. In addition to the cost difference, residents in Brookings have seen a larger rate of appreciation in their homes over the past year with an increase of 12.74%, compared to the 8.27% rise across the country. With such an attractive market and plenty of opportunities for growth, it's no wonder why so many are looking to move to Brookings.
The median home cost in Brookings is $252,800. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Brookings is up 18.1%.
Average Age of Homes
- The median age of Brookings real estate is 36 years old
The Rental Market in Brookings
- Renters make up 47.5% of the Brookings population
- 3.4% of houses and apartments in Brookings, 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.