Fairview, SD is an ideal place to invest in a house due to the high median value of $321,400 which is lower than the US median value of $338,100 and also has a larger 1 year appreciation rate of 12.74%, compared to the US rate of 8.27%. This makes it a great opportunity for potential homeowners to acquire a property in Fairview at a more affordable price while still gaining a large return on investment. Furthermore, due to its slightly lower median value and higher appreciation rate, this can be beneficial for those looking to both buy and rent properties in Fairview.
The median home cost in Fairview is $321,400. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Fairview is up 18.1%.
Average Age of Homes
- The median age of Fairview real estate is 78 years old
The Rental Market in Fairview
- Renters make up 10.7% of the Fairview population
- 0.0% of houses and apartments in Fairview, 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.