The housing market in Irene, SD is thriving. The median value of houses in the city is $196,400, significantly lower than the US House Median Value of $338,100. However, the appreciation rate for homes in Irene over the last year has been 12.74%, a much higher rate than the 8.27% average for US homes. This indicates that there is strong potential for growth and investment within Irene's housing market and suggests that now may be an opportune time to buy or sell a home in the area.
The median home cost in Irene is $196,400. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Irene is up 18.1%.
Average Age of Homes
- The median age of Irene real estate is 63 years old
The Rental Market in Irene
- Renters make up 16.3% of the Irene population
- 3.2% of houses and apartments in Irene, 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.