The housing market in Butte, SD County is strong. The median value of a house in the county is $252,400 which is significantly lower than the US median value of $338,100. In the last 12 months, the US house appreciation rate was 8.27% while Butte, SD County saw an appreciation rate of 14.45%, more than double the national average. This indicates that investing in real estate in Butte, SD County could be a smart move financially as property values are expected to continue rising over time.
The median home cost in Butte County is $252,400. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Butte County is up 18.1%.
Average Age of Homes
- The median age of Butte County real estate is 41 years old
The Rental Market in Butte County
- Renters make up 23.2% of the Butte County population
- 2.0% of houses and apartments in Butte 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.