The housing market in Cornwall, SD is thriving with median home values currently at $212,300. This is significantly lower than the US housing median of $338,100. Over the past year, there has been a notable appreciation rate of 14.45%, which is higher than the US appreciation rate of 8.27%. This indicates that homes in Cornwall are becoming more desirable and valuable over time. The high appreciation rate could be an attractive opportunity for potential buyers and investors looking for a good return on investment.
The median home cost in Cornwall is $212,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Cornwall is up 17.2%.
Average Age of Homes
- The median age of Cornwall real estate is 34 years old
The Rental Market in Cornwall
- Renters make up 9.1% of the Cornwall population
- 0.0% of houses and apartments in Cornwall, 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.