The housing market in Fall River, SD County is thriving. The median home value is currently at $228,300, which is significantly lower than the US median value of $338,100. Despite this noticeable difference in home values, the 1 year house appreciation rate for Fall River, SD County is 14.45%, which is higher than the US rate of 8.27%. This suggests that homes in the area are seeing significant growth. With an appreciation rate like this, it's no wonder Fall River, SD County has become a popular place to purchase property.
The median home cost in Fall River County is $228,300. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Fall River County is up 18.1%.
Average Age of Homes
- The median age of Fall River County real estate is 45 years old
The Rental Market in Fall River County
- Renters make up 25.0% of the Fall River County population
- 0.5% of houses and apartments in Fall River 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.