The housing market in Erwin, SD is doing quite well compared to the US average. The median value of a house in Erwin is $63,300 which is significantly lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate of houses in Erwin is 14.45% whereas the US average is 8.27%. This suggests that Erwin has seen a very positive trend in its housing prices over the past year.
The median home cost in Erwin is $63,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Erwin is up 17.2%.
Average Age of Homes
- The median age of Erwin real estate is 78 years old
The Rental Market in Erwin
- Renters make up 35.5% of the Erwin population
- 0.0% of houses and apartments in Erwin, 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.