The housing market in Merton, SD is thriving. The median value of houses in the area is $601,200, which is significantly higher than the national median value of $338,100. In the past year alone, there has been an impressive 8.27% appreciation for US homes, while homes in Merton have appreciated by 14.45%. This indicates that Merton is a great place to invest in real estate and to call home.
The median home cost in Merton is $601,200. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Merton is up 17.2%.
Average Age of Homes
- The median age of Merton real estate is 78 years old
The Rental Market in Merton
- Renters make up 8.1% of the Merton population
- 0.0% of houses and apartments in Merton, 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.