Pelican, SD is a desirable location for homeowners due to its high median housing value of $418,900. This figure is significantly higher than the US median housing value of $338,100. Additionally, Pelican has enjoyed a strong 1 year appreciation rate of 14.45%, nearly double the US average of 8.27%. These factors indicate that Pelican is an area with exceptional real estate investment potential and likely strong appreciation in the future.
The median home cost in Pelican is $418,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Pelican is up 17.2%.
Average Age of Homes
- The median age of Pelican real estate is 17 years old
The Rental Market in Pelican
- Renters make up 6.6% of the Pelican population
- 0.0% of houses and apartments in Pelican, 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.