The housing market in Benedict, SD has been growing in value rapidly over the past year. The median housing value is currently $216,000, which is significantly less than the US median of $338,100. However, the appreciation rate for houses in Benedict, SD was 14.45%, compared to the US rate of 8.27%. This rapid appreciation makes Benedict an attractive option for potential buyers looking to capitalize on the booming housing market in South Dakota.
The median home cost in Benedict is $216,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Benedict is up 17.2%.
Average Age of Homes
- The median age of Benedict real estate is 45 years old
The Rental Market in Benedict
- Renters make up 33.3% of the Benedict population
- 0.0% of houses and apartments in Benedict, 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.