The housing market in Lake Norden, SD is strong, with a median value of $137,200 and a one-year appreciation rate of 14.45%. This is significantly higher than the US House Median Value of $338,100 and the US 1 year House Appreciation rate of 8.27%. It's no surprise that Lake Norden is an attractive area for prospective home buyers looking to invest in real estate.
The median home cost in Lake Norden is $137,200. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lake Norden is up 17.2%.
Average Age of Homes
- The median age of Lake Norden real estate is 73 years old
The Rental Market in Lake Norden
- Renters make up 36.3% of the Lake Norden population
- 0.0% of houses and apartments in Lake Norden, 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.