The housing market in Wessington Springs, SD is a great opportunity for potential buyers. The median value of homes in Wessington Springs is $109,100, which is significantly lower than the national median value of $338,100. In the past year, house appreciation in Wessington Springs has increased by 14.45%, higher than the 8.27% average of the US housing market overall. This means that investments made today could offer a high return on investment in the future. With these factors combined, it makes for an ideal time to invest in a home in Wessington Springs.
The median home cost in Wessington Springs is $109,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Wessington Springs is up 17.2%.
Average Age of Homes
- The median age of Wessington Springs real estate is 61 years old
The Rental Market in Wessington Springs
- Renters make up 22.0% of the Wessington Springs population
- 2.2% of houses and apartments in Wessington Springs, 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.