Brainard, SD is a small town located in the Midwest with a housing median value of $294,000. This is much lower than the US house median value of $338,100, yet its one year house appreciation rate is higher at 14.45%, compared to the national rate of 8.27%. This suggests that Brainard's housing market is growing quickly and could be a great investment for potential home buyers looking for a more affordable alternative to larger cities.
The median home cost in Brainard is $294,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Brainard is up 17.2%.
Average Age of Homes
- The median age of Brainard real estate is 21 years old
The Rental Market in Brainard
- Renters make up 31.4% of the Brainard population
- 0.0% of houses and apartments in Brainard, 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.