Big Springs, SD is a great location for those looking to invest in real estate. The median value of houses in the city is $334,000, which is slightly lower than the US median house price of $338,100. Furthermore, the one year appreciation rate for houses in Big Springs is 12.22%, which is higher than the US rate of 8.27%. Therefore, investing in property in the area could be a smart decision as it could offer generous returns over time.
The median home cost in Big Springs is $334,000. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Big Springs is up 16.7%.
Average Age of Homes
- The median age of Big Springs real estate is 77 years old
The Rental Market in Big Springs
- Renters make up 21.5% of the Big Springs population
- 0.0% of houses and apartments in Big 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.