Ravenna, SD offers a great housing market with a median value of $233,400 which is significantly lower than the US median value of $338,100. The 1 year house appreciation rate in Ravenna, SD is 14.45%, significantly higher than the US average of 8.27%. This makes Ravenna, SD an attractive option for those looking to purchase a home and benefit from the high appreciation rate.
The median home cost in Ravenna is $233,400. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Ravenna is up 17.2%.
Average Age of Homes
- The median age of Ravenna real estate is 51 years old
The Rental Market in Ravenna
- Renters make up 81.3% of the Ravenna population
- 0.0% of houses and apartments in Ravenna, 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.