The housing market in Blooming Valley, SD is doing exceptionally well with the median value currently sitting at $280,000. This is significantly less than the US house median value of $338,100 but shows an impressive appreciation rate of 14.45% compared to 8.27% for the rest of the country. This has made prices in Blooming Valley highly attractive for potential homeowners and investors alike, as they are able to purchase homes at a lower cost while benefiting from a higher rate of appreciation than other areas in the US.
The median home cost in Blooming Valley is $280,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Blooming Valley is up 17.2%.
Average Age of Homes
- The median age of Blooming Valley real estate is 59 years old
The Rental Market in Blooming Valley
- Renters make up 31.4% of the Blooming Valley population
- 0.0% of houses and apartments in Blooming Valley, 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.