Rapid Valley, SD is a great place to buy a house. Its median housing value is $195,400 which is much lower than the US median of $338,100. Additionally, the house appreciation rate in Rapid Valley over the past year was 15.62%, significantly higher than the US rate of 8.27%. This suggests that Rapid Valley's housing market is thriving and making it an attractive option for prospective home buyers.
The median home cost in Rapid Valley is $195,400. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Rapid Valley is up 18.1%.
Average Age of Homes
- The median age of Rapid Valley real estate is 29 years old
The Rental Market in Rapid Valley
- Renters make up 8.0% of the Rapid Valley population
- 0.0% of houses and apartments in Rapid Valley, 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.