The housing market in Forbes, SD is doing well with a median value of $319,800 compared to the US median of $338,100. The 1 year appreciation rate also shows a dynamic market with an increase of 14.45%, higher than the 8.27% national rate. This indicates an active housing market in Forbes, SD where values are expected to continue to rise over time. With careful planning and research, those looking to invest in the area could find considerable returns over time.
The median home cost in Forbes is $319,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Forbes is up 17.2%.
Average Age of Homes
- The median age of Forbes real estate is 60 years old
The Rental Market in Forbes
- Renters make up 0.0% of the Forbes population
- 0.0% of houses and apartments in Forbes, 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.