Lone Rock, SD is a small town with an impressive housing market. The median value of homes in Lone Rock is $325,800, which is lower than the national median value of $338,100. Despite this lower value, the 1 year house appreciation in Lone Rock was 11.81%, much higher than the 8.27% rate for the US as a whole. This shows that real estate investors should consider Lone Rock when looking to invest in properties with high appreciation potential.
The median home cost in Lone Rock is $325,800. Home appreciation the last 10 years has been 89.1%. Home Appreciation in Lone Rock is up 17.1%.
Average Age of Homes
- The median age of Lone Rock real estate is 78 years old
The Rental Market in Lone Rock
- Renters make up 7.1% of the Lone Rock population
- 0.0% of houses and apartments in Lone Rock, 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.