Faulk County, SD Housing

Faulk, SD County is a great place to live and invest in real estate. The median value of a home in Faulk County is $131,740, which is significantly lower than the US median house value of $338,100. The good news for those looking to invest in real estate here is that the 1 year house appreciation rate is an impressive 14.45%, higher than the national average of 8.27%. This shows that housing values are increasing at a faster rate in Faulk County than elsewhere in the US. It looks like a great time to buy a home or rental property in Faulk County!

The median home cost in Faulk County is $131,740. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Faulk County is up 17.2%.

Average Age of Homes

- The median age of Faulk County real estate is 59 years old

The Rental Market in Faulk County

- Renters make up 18.5% of the Faulk County population
- 3.3% of houses and apartments in Faulk County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Faulk, South Dakota	United States
	1,052.0	139,647,020.0
	61	42
	$131,740	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$9.59	$10.98
	$902	$2,690
	60.1%	57.4%
	27.4%	11.2%
	12.5%	31.4%
Vacant Housing
	3.3%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	1.0%	0.4%
	10.2%	3.6%
	11.8%	4.1%
Value of Owner-Occupied Housing
	8.5%	2.6%
	14.9%	2.4%
	7.9%	2.8%
	9.0%	3.9%
	12.7%	4.5%
	11.1%	11.3%
	14.1%	13.0%
	10.6%	20.1%
	4.3%	13.6%
	4.0%	8.3%
	1.3%	9.7%
	1.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.0%	13.6%
	9.0%	13.6%
	6.4%	13.6%
	3.5%	13.2%
	13.6%	14.8%
	6.4%	13.6%
	9.2%	10.0%
	4.1%	4.7%
	36.4%	12.2%

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