Marshfield, SD is an excellent place to invest in housing. According to the data provided, the median value of a house in Marshfield is $152,200, which is significantly lower than the national median of $338,100. Additionally, the one-year appreciation rate for houses in Marshfield was 14.45%, which is much higher than the national average of 8.27%. This indicates that investing in housing in Marshfield is likely to be profitable and could offer great returns for those looking to purchase or invest in local real estate.
The median home cost in Marshfield is $152,200. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Marshfield is up 17.2%.
Average Age of Homes
- The median age of Marshfield real estate is 51 years old
The Rental Market in Marshfield
- Renters make up 40.0% of the Marshfield population
- 0.0% of houses and apartments in Marshfield, 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.