The housing market in Parker, SD is booming. The median value of homes in the area is currently $283,800—significantly lower than the US median of $338,100. However, the annual appreciation rate for housing in Parker is 12.74%, more than 4% higher than the national average of 8.27%. This indicates that people are increasingly interested in buying property in this growing city. With a promising future and attractive investment opportunities, those looking to buy a home should consider property in Parker, SD.
The median home cost in Parker is $283,800. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Parker is up 18.1%.
Average Age of Homes
- The median age of Parker real estate is 63 years old
The Rental Market in Parker
- Renters make up 22.7% of the Parker population
- 2.0% of houses and apartments in Parker, 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.