The housing market in Mobridge, South Dakota is a lucrative one, with the median value of homes reaching $117,400. This is far below the US median house value of $338,100. While the entire nation has seen an 8.27% appreciation for housing over the past year, Mobridge has seen an even higher 14.45% appreciation of their own housing market. This makes Mobridge a great location for potential home buyers and investors alike looking to capitalize on these favorable conditions.
The median home cost in Mobridge (zip 57601) is $117,400. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Mobridge (zip 57601) is up 17.2%.
Average Age of Homes
- The median age of Mobridge (zip 57601) real estate is 51 years old
The Rental Market in Mobridge (zip 57601)
- Renters make up 36.0% of the Mobridge (zip 57601) population
- 2.7% of houses and apartments in Mobridge (zip 57601), 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.