Lake County, SD Housing

Lake, SD County is an attractive area for those looking to invest in real estate. The median value of housing in the county stands at $266,100, which is significantly lower than the US house median value of $338,100. However, the appreciation rate of the housing market over the last year in Lake, SD County has been higher than that of the nation as a whole; 15.62%, compared to 8.27%. This makes Lake, SD County an ideal place to consider investing in real estate for those looking to make a good return on their investment.

The median home cost in Lake County is $266,100. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Lake County is up 18.1%.

Average Age of Homes

- The median age of Lake County real estate is 48 years old

The Rental Market in Lake County

- Renters make up 23.8% of the Lake County population
- 2.2% of houses and apartments in Lake 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	Lake, South Dakota	United States
	5,669.0	139,647,020.0
	47	42
	$266,100	$338,100
	18.1%	16.6%
	55.0%	57.0%
	95.0%	101.1%
	$11.84	$10.98
	$2,044	$2,690
	58.9%	57.4%
	18.5%	11.2%
	22.5%	31.4%
Vacant Housing
	2.2%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	11.4%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	2.2%	2.4%
	5.3%	2.8%
	6.9%	3.9%
	7.4%	4.5%
	14.0%	11.3%
	15.2%	13.0%
	20.5%	20.1%
	11.5%	13.6%
	4.9%	8.3%
	3.9%	9.7%
	2.6%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.8%	13.6%
	10.8%	13.6%
	13.9%	13.6%
	10.2%	13.2%
	13.8%	14.8%
	13.9%	13.6%
	5.0%	10.0%
	5.8%	4.7%
	24.6%	12.2%

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