The housing market in Brookings, SD County is currently thriving. The median value of homes in the area is $257,700, significantly lower than the US median value of $338,100. Despite this difference, Brookings County has seen an impressive 14.45% increase in house value in the last year, a number that far exceeds the US average appreciation rate of 8.27%. These numbers speak to the area's attractiveness to those looking for real estate investments or who are looking for a place to call home. With its proximity to larger cities and rapidly growing population, Brookings County is an ideal destination for those seeking affordable housing with potential for growth.
The median home cost in Brookings County is $257,700. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Brookings County is up 18.1%.
Average Age of Homes
- The median age of Brookings County real estate is 39 years old
The Rental Market in Brookings County
- Renters make up 37.4% of the Brookings County population
- 2.5% of houses and apartments in Brookings 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.