Housing in 57363 Mount Vernon, SD is quite desirable. The median value of a home is $234,800, which although lower than the US House Median Value ($338,100), the 1 year appreciation rate is 14.45%, significantly higher than the US house appreciation rate of 8.27%. This indicates that housing in Mount Vernon has seen an increase in demand over the last year, and could be a sign of continuing growth for the area.
The median home cost in Mount Vernon (zip 57363) is $234,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Mount Vernon (zip 57363) is up 17.2%.
Average Age of Homes
- The median age of Mount Vernon (zip 57363) real estate is 66 years old
The Rental Market in Mount Vernon (zip 57363)
- Renters make up 18.2% of the Mount Vernon (zip 57363) population
- 2.2% of houses and apartments in Mount Vernon (zip 57363), 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.