Housing in 57656 Timber Lake, SD is a great investment. The median value of homes in the area is $93,900, lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate for the area is 14.45%, significantly higher than the US rate of 8.27%. This makes housing in 57656 Timber Lake, SD an attractive option for potential homebuyers and investors alike.
The median home cost in Timber Lake (zip 57656) is $93,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Timber Lake (zip 57656) is up 17.2%.
Average Age of Homes
- The median age of Timber Lake (zip 57656) real estate is 52 years old
The Rental Market in Timber Lake (zip 57656)
- Renters make up 20.5% of the Timber Lake (zip 57656) population
- 3.0% of houses and apartments in Timber Lake (zip 57656), 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.