Lake Byron, SD is a great place to live with a median home value of $335,000. That is slightly lower than the US median house value of $338,100. Despite the lower median house value, the appreciation rate for houses in Lake Byron is much higher than the national average at 14.45%, compared to 8.27%. This makes Lake Byron an especially attractive market for potential homebuyers due to its high rate of appreciation.
The median home cost in Lake Byron is $335,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lake Byron is up 17.2%.
Average Age of Homes
- The median age of Lake Byron real estate is 53 years old
The Rental Market in Lake Byron
- Renters make up 2.6% of the Lake Byron population
- 0.0% of houses and apartments in Lake Byron, 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.