Presho, SD has a median housing value of $103,300, which is significantly lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate was 8.27%, while the 1 year appreciation rate in Presho, SD was 14.45%. This indicates that the housing values in Presho are increasing at a faster rate than the US house median value as a whole. This could be attributed to recent growth in the local economy or simply an increase in demand for housing in the area. Whatever the cause may be, it is clear that Presho is an attractive location for those looking to buy property and take advantage of rising values.
The median home cost in Presho is $103,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Presho is up 17.2%.
Average Age of Homes
- The median age of Presho real estate is 60 years old
The Rental Market in Presho
- Renters make up 13.1% of the Presho population
- 2.6% of houses and apartments in Presho, 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.