The housing market in 57761 New Underwood, SD is especially strong due to the median value of $316,000 compared to the US median value of $338,100. Additionally, the one year appreciation rate for houses in 57761 New Underwood is 15.62%, which is significantly higher than the national average of 8.27%. This means that people who own property in this area are likely to see a larger return on their investments than those in other parts of the United States. As such, it remains an attractive place to purchase or rent for potential homeowners or renters.
The median home cost in New Underwood (zip 57761) is $316,000. Home appreciation the last 10 years has been 100.3%. Home Appreciation in New Underwood (zip 57761) is up 18.1%.
Average Age of Homes
- The median age of New Underwood (zip 57761) real estate is 38 years old
The Rental Market in New Underwood (zip 57761)
- Renters make up 12.1% of the New Underwood (zip 57761) population
- 0.0% of houses and apartments in New Underwood (zip 57761), 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.