Laketon, SD Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLaketon, South DakotaUnited States
  188.0139,647,020.0
  4342
  $369,300$338,100
  17.2%16.6%
  51.6%57.0%
  81.4%101.1%
  $12.48$10.98
  $2,652$2,690
  56.9%57.4%
  34.6%11.2%
  8.5%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  34.6%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  0.0%4.5%
  16.8%11.3%
  14.0%13.0%
  43.9%20.1%
  5.6%13.6%
  0.0%8.3%
  0.0%9.7%
  15.0%3.9%
  4.7%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  28.2%13.6%
  28.2%13.6%
  2.7%13.6%
  0.0%13.2%
  3.2%14.8%
  2.7%13.6%
  0.0%10.0%
  2.7%4.7%
  36.7%12.2%
Commute
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