The housing market in Tea, SD (zip code 57064) is doing particularly well. The median value of houses in this area is $319,300. This is slightly lower than the US House Median Value of $338,100 but it has seen a much greater appreciation rate over the past year. The US 1 year House Appreciation rate is 8.27%, but the 1 year appreciation rate for Tea, SD has been 12.74%. It is clear that the housing market in this area is thriving and making a great investment opportunity for those looking to purchase property here.
The median home cost in Tea (zip 57064) is $319,300. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Tea (zip 57064) is up 18.1%.
Average Age of Homes
- The median age of Tea (zip 57064) real estate is 16 years old
The Rental Market in Tea (zip 57064)
- Renters make up 18.4% of the Tea (zip 57064) population
- 0.0% of houses and apartments in Tea (zip 57064), 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.