Housing in 57763 Oelrichs, SD is an attractive investment due to the median value of $94,500 being almost three-quarters less than the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation rate of 8.27% is smaller than that of Oelrichs at 15.62%. This suggests that houses in the area are likely to appreciate at a greater rate compared to elsewhere in the country. Therefore housing in 57763 Oelrichs, SD may be a good option for those looking for potential gains in their investment portfolio.
The median home cost in Oelrichs (zip 57763) is $94,500. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Oelrichs (zip 57763) is up 18.1%.
Average Age of Homes
- The median age of Oelrichs (zip 57763) real estate is 46 years old
The Rental Market in Oelrichs (zip 57763)
- Renters make up 14.3% of the Oelrichs (zip 57763) population
- 0.0% of houses and apartments in Oelrichs (zip 57763), 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.