Willow Lake, SD is a great place to invest in property due to its higher-than-average house appreciation rate. The median value of housing in Willow Lake is $129,500 which is significantly lower than the national median of $338,100, making it an attractive option for home buyers. In addition, the 1 year appreciation rate of 14.45% in Willow Lake outpaces the national average of 8.27%. This makes investing in real estate in Willow Lake a smart decision as it has a strong potential for increased value over time.
The median home cost in Willow Lake is $129,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Willow Lake is up 17.2%.
Average Age of Homes
- The median age of Willow Lake real estate is 78 years old
The Rental Market in Willow Lake
- Renters make up 23.5% of the Willow Lake population
- 4.3% of houses and apartments in Willow Lake, 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.