The housing market in Palatine, SD is doing quite well compared to the national average. The median value of homes in Palatine, SD is $264,500 which is much lower than the US median value of $338,100. In addition, the 1 year house appreciation rate in Palatine, SD was 14.45%, significantly higher than the 8.27% appreciation rate seen nationally over the same period of time. This indicates that housing prices have grown substantially in Palatine and could present a great opportunity for potential home buyers or investors looking for a good deal.
The median home cost in Palatine is $264,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Palatine is up 17.2%.
Average Age of Homes
- The median age of Palatine real estate is 72 years old
The Rental Market in Palatine
- Renters make up 27.8% of the Palatine population
- 0.0% of houses and apartments in Palatine, 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.