The housing market in Gales, SD has been faring well in the past year. The median value of a house in Gales is $312,100, which is slightly lower than the US median value of $338,100. However, Gales saw an impressive 14.45% increase in house appreciation over the past year, whereas the US only experienced 8.27%. This shows that housing prices in Gales have been rising at a rapid rate and have potential for further growth in the future.
The median home cost in Gales is $312,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Gales is up 17.2%.
Average Age of Homes
- The median age of Gales real estate is 43 years old
The Rental Market in Gales
- Renters make up 17.9% of the Gales population
- 0.0% of houses and apartments in Gales, 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.