Fairfax town, SD has a housing median value of $70,600, which is significantly lower than the US housing median value of $338,100. In the past year, the US house appreciation rate was 8.27%, while Fairfax town, SD had an even higher house appreciation rate of 14.45%. This suggests that housing in Fairfax town, SD is more desirable and on the rise compared to other areas in the United States.
The median home cost in Fairfax is $70,600. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Fairfax is up 17.2%.
Average Age of Homes
- The median age of Fairfax real estate is 52 years old
The Rental Market in Fairfax
- Renters make up 14.6% of the Fairfax population
- 4.2% of houses and apartments in Fairfax, 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.