The housing market in Rutland, SD is looking very healthy. The median value of a house in the area is $506,700, which is significantly higher than the median value for US homes at $338,100. Additionally, the 1 year house appreciation rate for Rutland is 12.74%, much higher than the US average of 8.27%. This trend indicates that Rutland's housing market has strong potential and could be a great investment opportunity.
The median home cost in Rutland is $506,700. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Rutland is up 18.1%.
Average Age of Homes
- The median age of Rutland real estate is 78 years old
The Rental Market in Rutland
- Renters make up 7.5% of the Rutland population
- 0.0% of houses and apartments in Rutland, 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.