Chester, SD has a median housing value of $328,800, which is slightly lower than the US median housing value of $338,100. However, houses in Chester are appreciating much faster than the US average with an appreciation rate of 12.74% over the past year compared to 8.27% nationally. This makes Chester an attractive option for anyone looking to invest in real estate as it offers good potential for returns.
The median home cost in Chester CDP (Lake County) is $328,800. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Chester CDP (Lake County) is up 18.1%.
Average Age of Homes
- The median age of Chester CDP (Lake County) real estate is 45 years old
The Rental Market in Chester CDP (Lake County)
- Renters make up 12.6% of the Chester CDP (Lake County) population
- 8.0% of houses and apartments in Chester CDP (Lake County), 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.