Central Point, SD has an impressive housing market, with a median value of $179,100 compared to the US median value of $338,100. This is a more affordable option for many people looking to purchase a home. In addition, the 1 year house appreciation rate in Central Point is 14.45%, significantly higher than the 8.27% appreciation rate across the US. This is great news for those who want to invest in property in Central Point as they can expect greater returns on their investment over time than buying elsewhere in the country.
The median home cost in Central Point is $179,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Central Point is up 17.2%.
Average Age of Homes
- The median age of Central Point real estate is 33 years old
The Rental Market in Central Point
- Renters make up 12.5% of the Central Point population
- 0.0% of houses and apartments in Central Point, 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.