The housing market in Lockwood, SD is booming with the median value of houses currently being at $510,700, which is much higher than the US house median value of $338,100. The 1 year appreciation for houses in Lockwood has been 14.45%, which is significantly higher than the 1 year appreciation of 8.27% for US houses. This indicates that not only is the median value of homes in Lockwood high but it is also increasing quickly, making it an attractive place to buy a home.
The median home cost in Lockwood is $510,700. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lockwood is up 17.2%.
Average Age of Homes
- The median age of Lockwood real estate is 39 years old
The Rental Market in Lockwood
- Renters make up 0.0% of the Lockwood population
- 0.0% of houses and apartments in Lockwood, 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.