The housing market in Buffalo, SD County is growing at an impressive rate. The median value of homes in the county is $123,620, which is significantly lower than the US median value of $338,100. This lower cost of living makes it a desirable location for many homebuyers. Additionally, the 1 year house appreciation rate in Buffalo SD County has been 15.62%, which is much higher than the US average of 8.27%. This rise in value is indicative of a resilient and thriving housing market which should continue to attract buyers looking for good value and stability.
The median home cost in Buffalo County is $123,620. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Buffalo County is up 17.2%.
Average Age of Homes
- The median age of Buffalo County real estate is 37 years old
The Rental Market in Buffalo County
- Renters make up 52.8% of the Buffalo County population
- 5.0% of houses and apartments in Buffalo 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.