The housing market in Dell Rapids, SD is a great place to invest. The median value of a house in Dell Rapids is slightly lower than the US median, at $336,800, but the one-year appreciation rate for houses in Dell Rapids is significantly higher than the national rate of 8.27%, at 12.74%. This makes Dell Rapids an attractive option for potential home buyers looking to get more bang for their buck and take advantage of the high rate of appreciation over time.
The median home cost in Dell Rapids is $336,800. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Dell Rapids is up 18.1%.
Average Age of Homes
- The median age of Dell Rapids real estate is 42 years old
The Rental Market in Dell Rapids
- Renters make up 22.6% of the Dell Rapids population
- 1.4% of houses and apartments in Dell Rapids, 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.