The housing market in 57544 Kennebec, SD is quite strong. The median value of homes in this area is $151,400, which is significantly lower than the US median house value of $338,100. However, the appreciation rate for houses in Kennebec over the last year was 14.45%, compared to only 8.27% for US houses overall. This makes it clear that housing values are on the rise in Kennebec, and as such would be a great investment opportunity for potential buyers.
The median home cost in Kennebec (zip 57544) is $151,400. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Kennebec (zip 57544) is up 17.2%.
Average Age of Homes
- The median age of Kennebec (zip 57544) real estate is 51 years old
The Rental Market in Kennebec (zip 57544)
- Renters make up 28.6% of the Kennebec (zip 57544) population
- 0.0% of houses and apartments in Kennebec (zip 57544), 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.