The housing market in Laketon, SD is thriving. The median value of a house in the city is $369,300, which is significantly higher than the US median value of $338,100. This marks about a 10% increase in the house median value from last year. What's more impressive is that over the course of one year, the appreciation rate for houses in Laketon was 14.45%, almost double that of the US at 8.27%. This goes to show that Laketon has been able to keep up with national trends and more often than not exceed them.
The median home cost in Laketon is $369,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Laketon is up 17.2%.
Average Age of Homes
- The median age of Laketon real estate is 27 years old
The Rental Market in Laketon
- Renters make up 10.2% of the Laketon population
- 0.0% of houses and apartments in Laketon, 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.