Housing in Mobridge, SD is a great investment for any potential homebuyer. The median value of housing in Mobridge is quite a bit lower than the national median value of $338,100, making it an affordable option for those looking to purchase a home. Additionally, appreciation rates on homes in Mobridge has been higher in the last year than the US average, with an impressive 14.45% increase in value compared to 8.27% nationally. This makes housing in Mobridge an even more attractive option for prospective buyers.
The median home cost in Mobridge is $129,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Mobridge is up 17.2%.
Average Age of Homes
- The median age of Mobridge real estate is 53 years old
The Rental Market in Mobridge
- Renters make up 38.9% of the Mobridge population
- 3.0% of houses and apartments in Mobridge, 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.