The housing market in Minnehaha, SD County is thriving. The median value of a home in the county is $291,500, significantly lower than the US median of $338,100. While the US saw an 8.27% year-over-year appreciation in its housing market, Minnehaha saw an even higher 12.67%. This shows that there’s a strong demand for housing in this county and could be a great opportunity for potential homeowners and investors alike.
The median home cost in Minnehaha County is $291,500. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Minnehaha County is up 17.8%.
Average Age of Homes
- The median age of Minnehaha County real estate is 37 years old
The Rental Market in Minnehaha County
- Renters make up 34.0% of the Minnehaha County population
- 2.2% of houses and apartments in Minnehaha 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.