Forestburg, SD is a town in the Midwest that has seen an increase in housing value over the past year. The median housing value in this area is $164,300, which is much lower than the US median of $338,100. While the US housing appreciation rate was 8.27% in the last year, Forestburg saw a higher rate of 14.45%. This indicates that there is a growing demand for housing in Forestburg and could be an indicator of increased economic growth in the coming years.
The median home cost in Forestburg is $164,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Forestburg is up 17.2%.
Average Age of Homes
- The median age of Forestburg real estate is 32 years old
The Rental Market in Forestburg
- Renters make up 24.6% of the Forestburg population
- 0.0% of houses and apartments in Forestburg, 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.