The housing market in Scotland, SD (Zip Code 57059) is extremely strong right now. The median value of a house in the area is $114,900, which is significantly lower than the US median value of $338,100. Even though this figure is lower, what makes the housing market in Scotland particularly attractive is the appreciation rate over the past year. At 12.74%, it is much higher than the national average of 8.27%. This indicates that investing in a home in Scotland can bring great returns and potential for growth over time.
The median home cost in Scotland (zip 57059) is $114,900. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Scotland (zip 57059) is up 18.1%.
Average Age of Homes
- The median age of Scotland (zip 57059) real estate is 66 years old
The Rental Market in Scotland (zip 57059)
- Renters make up 15.7% of the Scotland (zip 57059) population
- 0.9% of houses and apartments in Scotland (zip 57059), 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.