The housing market in Dewey, SD County is booming. The median value of a house in this county is $91,000, which is significantly lower than the US House Median Value of $338,100. While US 1 year House Appreciation stands at 8.27%, Dewey County's appreciation rate is much higher at 14.45%. This indicates that real estate in this county is an attractive option for buyers looking for a good return on their investment. Furthermore, with such low median values, it also makes homes in this area more accessible to people with diverse income levels.
The median home cost in Dewey County is $91,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Dewey County is up 17.2%.
Average Age of Homes
- The median age of Dewey County real estate is 39 years old
The Rental Market in Dewey County
- Renters make up 33.4% of the Dewey County population
- 3.9% of houses and apartments in Dewey 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.