Seneca, SD is a small town with a population of just over 500 people. Despite its size, the housing market in Seneca is still vibrant and active. The median value for homes in this area is $122,500, considerably lower than the national average of $338,100. While that might seem like a disadvantage for potential home-buyers, it's also an advantage as house appreciation in the last year has been 14.45%, much higher than the national appreciation of 8.27%. This makes buying a home in Seneca an affordable and lucrative option for those looking to invest in property.
The median home cost in Seneca is $122,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Seneca is up 17.2%.
Average Age of Homes
- The median age of Seneca real estate is 78 years old
The Rental Market in Seneca
- Renters make up 0.0% of the Seneca population
- 0.0% of houses and apartments in Seneca, 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.