Ridgeland, SD is a great place to live when it comes to housing. The median value of homes in Ridgeland is $87,000, significantly lower than the U.S. median value of $338,100. What's more, the appreciation rate for homes in Ridgeland over the past year has been 14.45%, higher than the U.S. average of 8.27%. This makes it an ideal location for those seeking to invest in a new home or upgrade from their current one at an affordable price and with good returns on investment potential.
The median home cost in Ridgeland is $87,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Ridgeland is up 17.2%.
Average Age of Homes
- The median age of Ridgeland real estate is 32 years old
The Rental Market in Ridgeland
- Renters make up 6.3% of the Ridgeland population
- 0.0% of houses and apartments in Ridgeland, 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.