The housing market in Collins, SD is doing exceptionally well compared to the US average. The median value of a home in Collins is $332,500 which is slightly lower than the national average of $338,100. However, what really sets this market apart from the rest of the country is its one-year appreciation rate of 14.45%, which is significantly higher than the US average of 8.27%. This indicates that Collins' housing market is growing at an impressive rate and could be an ideal place to invest for those looking to capitalize on strong gains from real estate investments.
The median home cost in Collins is $332,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Collins is up 17.2%.
Average Age of Homes
- The median age of Collins real estate is 64 years old
The Rental Market in Collins
- Renters make up 25.0% of the Collins population
- 0.0% of houses and apartments in Collins, 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.