In 57566 Parmelee, SD, the median housing value is $44,000, which is much lower than the US median housing value of $338,100. Although this difference is significant, the good news is that in Parmelee there has been a 14.45% house appreciation rate over the last year, which is significantly higher than the national average of 8.27%. This indicates that homes in Parmelee are becoming more valuable. In conclusion, although housing in Parmelee is still much cheaper than the national average and could be considered a great investment opportunity for buyers.
The median home cost in Parmelee (zip 57566) is $44,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Parmelee (zip 57566) is up 17.2%.
Average Age of Homes
- The median age of Parmelee (zip 57566) real estate is 43 years old
The Rental Market in Parmelee (zip 57566)
- Renters make up 58.7% of the Parmelee (zip 57566) population
- 3.5% of houses and apartments in Parmelee (zip 57566), 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.