Housing in 57438 Faulkton, SD is currently valued at $123,300, which is much lower than the US median value of $338,100. However, housing in Faulkton has seen an impressive 1 year appreciation rate of 14.45%, which is significantly higher than the national average of 8.27%. This means that home values are increasing rapidly and offers a great opportunity for those looking to invest in Faulkton's housing market.
The median home cost in Faulkton (zip 57438) is $123,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Faulkton (zip 57438) is up 17.2%.
Average Age of Homes
- The median age of Faulkton (zip 57438) real estate is 55 years old
The Rental Market in Faulkton (zip 57438)
- Renters make up 26.1% of the Faulkton (zip 57438) population
- 5.6% of houses and apartments in Faulkton (zip 57438), 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.