The housing market in Ramsey, SD is doing extremely well, with the median value of homes at $241,400. This is significantly lower than the US House Median Value of $338,100. The one-year appreciation rate for houses in Ramsey has been 12.74%, which is much higher than the national average of 8.27%. This indicates that Ramsey's housing market is on an upswing and shows strong potential for investment.
The median home cost in Ramsey is $241,400. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Ramsey is up 18.1%.
Average Age of Homes
- The median age of Ramsey real estate is 62 years old
The Rental Market in Ramsey
- Renters make up 42.1% of the Ramsey population
- 0.0% of houses and apartments in Ramsey, 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.