Tea, SD is a small city located in the Midwestern United States. The median value of housing in Tea is currently $327,400, which is slightly lower than the US median housing value of $338,100. However, Tea's 1 year house appreciation rate of 12.74% is much higher than the US average of 8.27%. This indicates that housing in Tea has been appreciating more quickly in recent years and could be an attractive option for potential homeowners.
The median home cost in Tea is $327,400. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Tea is up 18.1%.
Average Age of Homes
- The median age of Tea real estate is 15 years old
The Rental Market in Tea
- Renters make up 21.4% of the Tea population
- 0.0% of houses and apartments in Tea, 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.