Housing in the small town of Alto, SD is surprisingly expensive compared to the national average. The median value of a home in Alto is $241,300, while the national median house value is $338,100. Despite being significantly more expensive than other parts of the country, housing values in Alto have appreciated at a rate of 14.45%, higher than the 8.27% rate seen nationally over the past year. This means that homeowners in Alto are seeing their investments grow faster than those living elsewhere.
The median home cost in Alto is $241,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Alto is up 17.2%.
Average Age of Homes
- The median age of Alto real estate is 70 years old
The Rental Market in Alto
- Renters make up 0.0% of the Alto population
- 0.0% of houses and apartments in Alto, 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.