The housing market in Lead, SD is a strong one with the median value of homes being $282,700, which is significantly lower than the US house median value of $338,100. This could make it an attractive option for those looking to purchase a home. The 1 year house appreciation rate in Lead, SD is 15.62%, which is significantly higher than the US 1 year appreciation rate of 8.27%. Therefore it seems that investing in the housing market of Lead, SD could be a wise choice as it could yield great returns in the near future.
The median home cost in Lead is $282,700. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Lead is up 18.1%.
Average Age of Homes
- The median age of Lead real estate is 78 years old
The Rental Market in Lead
- Renters make up 18.0% of the Lead population
- 0.0% of houses and apartments in Lead, 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.