Leola, SD is a great place to purchase a home due to its affordable housing market. The median value of a house in Leola is just $88,800, significantly less than the US median of $338,100. Additionally, the appreciation rate for homes in Leola is 14.45%, an increase more than double that of the US at 8.27%. This impressive growth is an excellent sign for potential buyers looking to invest in the area. In conclusion, Leola offers reasonable prices and continued growth potential for those wishing to buy property in South Dakota.
The median home cost in Leola is $88,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Leola is up 17.2%.
Average Age of Homes
- The median age of Leola real estate is 63 years old
The Rental Market in Leola
- Renters make up 29.5% of the Leola population
- 0.0% of houses and apartments in Leola, 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.