Housing in Oelrichs, SD is a great investment for many buyers. The median value of housing in Oelrichs is $102,300, which is much lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate for housing in Oelrichs was 15.62%, far greater than the US appreciation rate of 8.27%. This makes buying a home in Oelrichs an attractive option for homeowners looking to both save money and increase their equity. With a low median value and high appreciation rate, it’s no wonder that so many people are investing in homes in Oelrichs.
The median home cost in Oelrichs is $102,300. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Oelrichs is up 18.1%.
Average Age of Homes
- The median age of Oelrichs real estate is 59 years old
The Rental Market in Oelrichs
- Renters make up 19.8% of the Oelrichs population
- 0.0% of houses and apartments in Oelrichs, 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.