The housing market in Montpelier, SD is very promising. The median value of homes in the area is $207,300 which is significantly lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate for house prices in Montpelier, SD is 14.45% compared to 8.27% nationally. This indicates that there is significant potential for investment and growth in the Montpelier housing market; it is an attractive option for potential homeowners and investors alike.
The median home cost in Montpelier is $207,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Montpelier is up 17.2%.
Average Age of Homes
- The median age of Montpelier real estate is 78 years old
The Rental Market in Montpelier
- Renters make up 0.0% of the Montpelier population
- 0.0% of houses and apartments in Montpelier, 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.