Hermosa, SD has seen a dramatic increase in housing median values in the past year. The median value of housing in Hermosa, SD is $389,600, which is significantly higher than the US House Median Value of $338,100. Furthermore, the appreciation rate of housing in Hermosa, SD is 15.62%, which is more than double the US 1 year House Appreciation rate of 8.27%. This indicates that there is a strong market for housing in Hermosa and that these prices are likely to continue to appreciate at an increasing rate.
The median home cost in Hermosa is $389,600. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Hermosa is up 18.1%.
Average Age of Homes
- The median age of Hermosa real estate is 24 years old
The Rental Market in Hermosa
- Renters make up 24.0% of the Hermosa population
- 0.0% of houses and apartments in Hermosa, 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.