The housing market in Jefferson, SD is doing very well compared to the national median value. The median value of homes in Jefferson, SD is currently $360,100, which is significantly higher than the US median value of $338,100. Furthermore, the house appreciation rate over one year in Jefferson, SD has been 12.74%, which is more than double the average house appreciation rate of 8.27% for the entire country during that same time period. This indicates that Jefferson's housing market is experiencing a strong surge in real estate values and continue to remain a desirable location for investments and home ownership.
The median home cost in Jefferson is $360,100. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Jefferson is up 18.1%.
Average Age of Homes
- The median age of Jefferson real estate is 47 years old
The Rental Market in Jefferson
- Renters make up 21.0% of the Jefferson population
- 0.0% of houses and apartments in Jefferson, 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.