The housing market in Concord, SD is booming. The median value of a house in the city is currently at $169,000 and has seen a 12.74% increase over the past year in comparison to the US House Median Value which is currently at $338,100 with an 8.27% appreciation rate. This means that people looking for a home in Concord, SD can expect to pay more for their house than what they would typically find across the United States. With such a strong appreciation rate, this may be an attractive option for those looking to invest in real estate.
The median home cost in Concord is $169,000. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Concord is up 18.1%.
Average Age of Homes
- The median age of Concord real estate is 78 years old
The Rental Market in Concord
- Renters make up 4.2% of the Concord population
- 0.0% of houses and apartments in Concord, 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.