The housing market in Woonsocket, SD is one of strength and appreciation. The median value of a house in the area is $92,800, significantly lower than the national median value of $338,100. Despite this lower cost, the 1 year house appreciation rate in Woonsocket is higher than the national average at 14.45%, compared to 8.27% nationwide. This means that homes are appreciating quickly in the area and can be a great investment for those looking to put their money into real estate.
The median home cost in Woonsocket is $92,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Woonsocket is up 17.2%.
Average Age of Homes
- The median age of Woonsocket real estate is 78 years old
The Rental Market in Woonsocket
- Renters make up 31.6% of the Woonsocket population
- 0.0% of houses and apartments in Woonsocket, 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.