Milbank, SD is known for its affordable housing market. The median value of homes in this area is $168,700, which is significantly lower than the US house median value of $338,100. Over the past year, the house appreciation rate in Milbank has been 14.45%, higher than the US average of 8.27%. This makes Milbank a great place to invest in housing and take advantage of potential returns on investment.
The median home cost in Milbank is $168,700. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Milbank is up 17.2%.
Average Age of Homes
- The median age of Milbank real estate is 54 years old
The Rental Market in Milbank
- Renters make up 24.0% of the Milbank population
- 0.0% of houses and apartments in Milbank, 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.