Hermosa, South Dakota is a great place to invest in housing. The median value of housing in Hermosa is $487,400, which is 45% higher than the US median value of $338,100. Furthermore, the one-year rate of appreciation for homes in Hermosa was 15.62%, compared to 8.27% nationally. This shows that investing in Hermosa real estate can be a wise decision and could provide a good return on investment over time.
The median home cost in Hermosa (zip 57744) is $487,400. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Hermosa (zip 57744) is up 18.1%.
Average Age of Homes
- The median age of Hermosa (zip 57744) real estate is 20 years old
The Rental Market in Hermosa (zip 57744)
- Renters make up 18.8% of the Hermosa (zip 57744) population
- 0.0% of houses and apartments in Hermosa (zip 57744), 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.