Murdo, SD is a small town with an average housing median value of $127,400. This is significantly lower than the US house median value of $338,100. Despite the discrepancy in cost, Murdo has experienced a remarkable rate of 1 year appreciation at 14.45%, which is higher than the US 1 year house appreciation rate of 8.27%. This sudden jump in value shows that Murdo may be an ideal place to look for housing options both in terms of cost and potential added equity over time.
The median home cost in Murdo is $127,400. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Murdo is up 17.2%.
Average Age of Homes
- The median age of Murdo real estate is 48 years old
The Rental Market in Murdo
- Renters make up 35.0% of the Murdo population
- 1.5% of houses and apartments in Murdo, 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.