The housing market in New Underwood, SD is thriving. The median value of homes in New Underwood is currently $319,800 which is lower than the overall US median house value of $338,100. Despite this, the 1 year appreciation rate for houses in New Underwood stands at 15.62%, far higher than the national average of 8.27%. This indicates that the real estate in New Underwood is growing in value rapidly and could be a great investment opportunity for potential home buyers.
The median home cost in New Underwood is $319,800. Home appreciation the last 10 years has been 100.3%. Home Appreciation in New Underwood is up 18.1%.
Average Age of Homes
- The median age of New Underwood real estate is 45 years old
The Rental Market in New Underwood
- Renters make up 15.3% of the New Underwood population
- 0.0% of houses and apartments in New Underwood, 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.