The housing market in 57754 Lead, SD is booming. The median value of homes in the area is $255,200, which is significantly lower than the US median house value of $338,100. However, according to recent data, homes in Lead have appreciated 15.62% over the last year, which is much higher than the national average appreciation rate of 8.27%. This indicates that houses in this area are becoming more desirable and valuable due to its thriving economy and vibrant community. Therefore, investing into real estate here can be a great opportunity for those looking for a profitable return on their investment.
The median home cost in Lead (zip 57754) is $255,200. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Lead (zip 57754) is up 18.1%.
Average Age of Homes
- The median age of Lead (zip 57754) real estate is 63 years old
The Rental Market in Lead (zip 57754)
- Renters make up 13.7% of the Lead (zip 57754) population
- 0.0% of houses and apartments in Lead (zip 57754), 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.