The housing market in Herrick, SD (57538) is an attractive option for homebuyers. The median value of homes in the area is $84,200, significantly lower than the US median house value of $338,100. During the past year, homes in Herrick have seen an appreciation rate of 14.45%, compared to 8.27% nationally. This makes it a great time to invest in property in the city and capitalize on this appreciation over time. With this strong appreciation trend and competitive prices, the housing market in Herrick should be high on any buyer's list of potential real estate investments or primary residences.
The median home cost in Herrick (zip 57538) is $84,200. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Herrick (zip 57538) is up 17.2%.
Average Age of Homes
- The median age of Herrick (zip 57538) real estate is 70 years old
The Rental Market in Herrick (zip 57538)
- Renters make up 8.1% of the Herrick (zip 57538) population
- 0.0% of houses and apartments in Herrick (zip 57538), 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.