The housing market in Spring Lake township (Kingsbury County), SD is very strong. The median value of a house in the area is $334,700, which is slightly lower than the national average of $338,100. Despite being slightly under the national median, homes in Spring Lake township have seen a significant appreciation rate over the past year of 14.16%. This rate is significantly higher than the national 1 year appreciation rate of 8.27%, making it an attractive place for potential homebuyers to invest in.
The median home cost in Spring Lake township (Kingsbury County) is $334,700. Home appreciation the last 10 years has been 83.7%. Home Appreciation in Spring Lake township (Kingsbury County) is up 17.4%.
Average Age of Homes
- The median age of Spring Lake township (Kingsbury County) real estate is 78 years old
The Rental Market in Spring Lake township (Kingsbury County)
- Renters make up 10.1% of the Spring Lake township (Kingsbury County) population
- 0.0% of houses and apartments in Spring Lake township (Kingsbury County), 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.