Zip 57255 (New Effington, SD) Housing

The housing market in 57255 New Effington, SD is thriving. The median value of homes in the area is $99,300 which is much lower than the US house median value of $338,100. Additionally, the 1 year house appreciation rate in this location is higher than the national average at 14.45%, compared to 8.27% across the United States. This makes New Effington an attractive destination for potential home buyers looking for a good value on their investment.

The median home cost in New Effington (zip 57255) is $99,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in New Effington (zip 57255) is up 17.2%.

Average Age of Homes

- The median age of New Effington (zip 57255) real estate is 71 years old

The Rental Market in New Effington (zip 57255)

- Renters make up 14.2% of the New Effington (zip 57255) population
- 0.5% of houses and apartments in New Effington (zip 57255), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Effington, South Dakota	United States
	186.0	139,647,020.0
	72	42
	$99,300	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$11.83	$10.98
	$888	$2,690
	64.5%	57.4%
	16.7%	11.2%
	18.8%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	14.5%	4.1%
Value of Owner-Occupied Housing
	16.7%	2.6%
	14.2%	2.4%
	7.5%	2.8%
	15.0%	3.9%
	3.3%	4.5%
	2.5%	11.3%
	8.3%	13.0%
	17.5%	20.1%
	2.5%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	12.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.2%	13.6%
	2.2%	13.6%
	9.1%	13.6%
	4.8%	13.2%
	12.9%	14.8%
	9.1%	13.6%
	9.1%	10.0%
	4.3%	4.7%
	46.2%	12.2%

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