The median value of housing in 57562 Okaton, SD is $97,400, which is quite lower than the US house median value of $338,100. Despite this discrepancy, the one-year appreciation rate for homes in 57562 Okaton, SD is actually higher than the US at 14.45%, indicating that there are good investment opportunities available in this area. The overall appreciation rate across the US for houses over the past year stands at 8.27%, making 57562 Okaton a great place to consider investing in real estate.
The median home cost in Okaton (zip 57562) is $97,400. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Okaton (zip 57562) is up 17.2%.
Average Age of Homes
- The median age of Okaton (zip 57562) real estate is 27 years old
The Rental Market in Okaton (zip 57562)
- Renters make up 7.7% of the Okaton (zip 57562) population
- 0.0% of houses and apartments in Okaton (zip 57562), 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.