The housing market in Spring, SD is thriving. The median value of a house in Spring is currently $90,100, which is far lower than the national median of $338,100. In addition to being more affordable than the national average, the appreciation rate of houses in Spring over the last year has been impressive. While nationally, the appreciation was 8.27%, in Spring it was 14.45%. This indicates that not only are homes more affordable in Spring but their value is growing quickly as well.
The median home cost in Spring is $90,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Spring is up 17.2%.
Average Age of Homes
- The median age of Spring real estate is 78 years old
The Rental Market in Spring
- Renters make up 0.0% of the Spring population
- 0.0% of houses and apartments in Spring, 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.