The housing market in Molan, SD is thriving. The median value of a house is $295,400, which is significantly lower than the US House Median Value of $338,100. However, the 1 year appreciation rate of a house in Molan is 12.74%, almost 4% higher than the national average of 8.27%. This suggests that the real estate market in Molan is growing faster than in other parts of the country and may be an attractive area for potential homebuyers.
The median home cost in Molan is $295,400. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Molan is up 18.1%.
Average Age of Homes
- The median age of Molan real estate is 78 years old
The Rental Market in Molan
- Renters make up 16.4% of the Molan population
- 0.0% of houses and apartments in Molan, 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.