The housing market in the Huron, SD Metro Area is strong and has seen a considerable increase in median value over the past year. The median home value is currently $165,700 which represents an appreciation of 14.45%, substantially higher than the 8.27% national average of 1 year home appreciation. This indicates that the real estate market in Huron, SD Metro Area is overheating and there may be concerns about affordability for potential buyers. As a result, it could be wise to consider alternative areas if you are looking for a long-term investment option.
The median home cost in Huron Metro Area is $165,700. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Huron Metro Area is up 17.2%.
Average Age of Homes
- The median age of Huron Metro Area real estate is 55 years old
The Rental Market in Huron Metro Area
- Renters make up 31.0% of the Huron Metro Area population
- 1.2% of houses and apartments in Huron Metro Area, 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.