Summerset, SD is an attractive place to live for many people looking for a new home due to its high housing median value of $368,700, which is significantly higher than the US house median value of $338,100. Additionally, Summerset also offers a high appreciation rate of 15.62% in one year compared to the US average of 8.27%. This means that homeowners in Summerset can expect their property values to increase more quickly than the national average and make their investments more profitable. Overall, Summerset is a great place to invest in real estate.
The median home cost in Summerset is $368,700. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Summerset is up 18.1%.
Average Age of Homes
- The median age of Summerset real estate is 33 years old
The Rental Market in Summerset
- Renters make up 20.9% of the Summerset population
- 1.8% of houses and apartments in Summerset, 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.