Dearborn, South Dakota has an impressive median housing value of $269,100, which is significantly lower than the US house median value of $338,100. The US average for one year house appreciation was 8.27%, however in Dearborn the one year house appreciation rate was 14.45%. This makes Dearborn a desirable option for those looking to purchase a home and benefit from a potentially rising market. The comparatively low median value combined with the high appreciation rate make Dearborn an attractive option for investing in property.
The median home cost in Dearborn is $269,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Dearborn is up 17.2%.
Average Age of Homes
- The median age of Dearborn real estate is 47 years old
The Rental Market in Dearborn
- Renters make up 0.0% of the Dearborn population
- 0.0% of houses and apartments in Dearborn, 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.