Housing in Box Elder, SD is certainly very valuable compared to the rest of the United States. The median value for houses in Box Elder is $320,600, which is significantly higher than the US house median value of $338,100. In addition, housing appreciation in the last year has been particularly strong in Box Elder with an appreciation rate of 15.62%, substantially higher than the 8.27% rate seen nationally. This makes Box Elder a great place for homeowners looking to invest in real estate and see returns on their investment in the near future.
The median home cost in Box Elder is $320,600. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Box Elder is up 18.1%.
Average Age of Homes
- The median age of Box Elder real estate is 24 years old
The Rental Market in Box Elder
- Renters make up 49.9% of the Box Elder population
- 4.3% of houses and apartments in Box Elder, 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.