Alcester, SD has a median housing value of $211,400, which is lower than the US median house value of $338,100. Despite this difference, Alcester has seen a higher percentage of appreciation in the past year at 12.74%, compared to 8.27% for the US average. This increase in housing prices could be due to several factors such as population growth or increased demand for houses in Alcester. This is good news for those looking to invest in real estate in Alcester as prices are still relatively low and appreciation rates remain strong.
The median home cost in Alcester is $211,400. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Alcester is up 18.1%.
Average Age of Homes
- The median age of Alcester real estate is 53 years old
The Rental Market in Alcester
- Renters make up 24.5% of the Alcester population
- 2.3% of houses and apartments in Alcester, 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.