Hill City, SD is experiencing an impressive growth in the housing market. The median value of a home in Hill City is currently $415,100, which is significantly higher than the US median house value of $338,100. Additionally, Hill City is enjoying a 1 year appreciation rate of 15.62%, far surpassing the US average of 8.27%. This means that home prices are increasing at a faster rate in Hill City compared to the rest of the country. This market trend suggests that now may be an excellent time to invest in real estate in Hill City.
The median home cost in Hill City is $415,100. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Hill City is up 18.1%.
Average Age of Homes
- The median age of Hill City real estate is 40 years old
The Rental Market in Hill City
- Renters make up 24.9% of the Hill City population
- 5.8% of houses and apartments in Hill City, 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.