The housing market in Yankton, SD is doing very well compared to the national average. The median value of homes in Yankton is $238,800 which is over $100,000 lower than the US median value of $338,100. In the past year, houses in Yankton have appreciated 12.74%, which is much higher than the US average of 8.27%. This shows that housing values are increasing at a faster rate in Yankton than across the nation as a whole. Overall, this indicates that investing in real estate in Yankton can be potentially quite profitable for those looking to grow their wealth or purchase property to call home.
The median home cost in Yankton is $238,800. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Yankton is up 18.1%.
Average Age of Homes
- The median age of Yankton real estate is 46 years old
The Rental Market in Yankton
- Renters make up 34.4% of the Yankton population
- 2.5% of houses and apartments in Yankton, 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.