The housing market in Lamro, SD is a great investment opportunity. The median housing value in the area is $274,100, which is significantly lower than the US median housing value of $338,100. Furthermore, the 1-year house appreciation rate in Lamro is 14.45%, which is much higher than the US average of 8.27%. Investing in the local housing market can be a great way to get a high return on your investment and secure your financial future.
The median home cost in Lamro is $274,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lamro is up 17.2%.
Average Age of Homes
- The median age of Lamro real estate is 40 years old
The Rental Market in Lamro
- Renters make up 51.6% of the Lamro population
- 7.8% of houses and apartments in Lamro, 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.