The housing market in Faith, SD is a desirable place to live, with the median value of houses at $180,000. This is approximately half of the US house median value of $338,100. The appreciation rate for houses in Faith, SD has been higher than the national average over the last year too, increasing by 14.45%, which is higher than the 8.27% appreciation rate for US houses. With these attractive figures and a great location, Faith, SD is an ideal place to purchase or rent a home.
The median home cost in Faith is $180,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Faith is up 17.2%.
Average Age of Homes
- The median age of Faith real estate is 43 years old
The Rental Market in Faith
- Renters make up 28.2% of the Faith population
- 6.2% of houses and apartments in Faith, 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.