Groveland, SD is a great place to live. The median value of housing in the area is $234,700, significantly lower than the US house median value of $338,100. However, despite its lower cost of living, Groveland has seen an impressive 14.45% appreciation rate for housing over the last year; this is higher than the US 1 year House Appreciation rate of 8.27%. This makes Groveland an attractive option for potential home buyers looking to purchase property at an affordable price with strong potential for future appreciation.
The median home cost in Groveland is $234,700. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Groveland is up 17.2%.
Average Age of Homes
- The median age of Groveland real estate is 78 years old
The Rental Market in Groveland
- Renters make up 9.5% of the Groveland population
- 0.0% of houses and apartments in Groveland, 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.