Onida, SD has a median housing value of $146,600 which is significantly lower than the US house median value of $338,100. Despite this, Onida has seen an impressive increase in home appreciation over the past year with 14.45%, compared to the national average of 8.27%. This could be indicative of investors and residents recognizing the potential value in Onida's real estate market and acting upon it accordingly. With prices still relatively low and appreciation increasing rapidly, now may be an excellent time for potential homeowners to invest in Onida’s housing market.
The median home cost in Onida is $146,600. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Onida is up 17.2%.
Average Age of Homes
- The median age of Onida real estate is 50 years old
The Rental Market in Onida
- Renters make up 27.4% of the Onida population
- 9.6% of houses and apartments in Onida, 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.