The housing market in Veblen, SD is vibrant and growing. The median value of housing is $65,000, lower than the US median of $338,100. However, the 1 year appreciation rate for Veblen is much higher at 14.45%, which is significantly higher than the national average of 8.27%. This indicates that the housing market in Veblen is buoyant and suggests that it could be worth investing in property there.
The median home cost in Veblen is $65,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Veblen is up 17.2%.
Average Age of Homes
- The median age of Veblen real estate is 54 years old
The Rental Market in Veblen
- Renters make up 45.3% of the Veblen population
- 9.1% of houses and apartments in Veblen, 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.