Elmira, SD is a great place to buy a house, as the median value is significantly higher than the US average. In the past year alone, housing prices in Elmira have appreciated by 14.45%, much higher than the US 1 year House Appreciation rate of 8.27%. This makes Elmira an attractive place for those looking for a larger return on investment when buying a home. With its high median value and strong appreciation rates, Elmira is definitely worth considering when searching for your next home.
The median home cost in Elmira is $526,200. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Elmira is up 17.2%.
Average Age of Homes
- The median age of Elmira real estate is 37 years old
The Rental Market in Elmira
- Renters make up 12.9% of the Elmira population
- 0.0% of houses and apartments in Elmira, 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.