The housing market in Toronto, SD has been quite active in the past year. The median value of a house in Toronto is $96,700, significantly lower than the US median value of $338,100 and the 1 year house appreciation rate in Toronto is at 14.45%, nearly 6% higher than the US appreciation rate of 8.27%. With a steady appreciation rate over the last few years, Toronto provides an attractive opportunity for anyone looking to make an investment in residential housing.
The median home cost in Toronto is $96,700. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Toronto is up 17.2%.
Average Age of Homes
- The median age of Toronto real estate is 78 years old
The Rental Market in Toronto
- Renters make up 20.9% of the Toronto population
- 6.4% of houses and apartments in Toronto, 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.