Alcester, SD Foreclosures
How much do homes sell for in Alcester, SD?
The average home price is currently $258,863.
In Alcester, SD, how many homes are available?
There are currently 1 active home listings available in Alcester.
What’s the average rental cost in Alcester, SD?
The average rental price in Alcester is $1,217.
What is the most expensive home in Alcester?
The most expensive home sold in Alcester had a price of $2,629,891.
What is currently the cheapest priced home in Alcester, SD?
The cheapest home for sale in Alcester is priced at $16,006.
Living in Alcester, SD
Alcester, South Dakota is a charming small town located in the southeastern part of the state. It is known for its tight-knit community, strong local schools, and peaceful rural setting. The town combines the beauty of the countryside with convenient access to larger cities like Sioux Falls, making it a perfect place for families and those seeking a more tranquil lifestyle.
Current Market Conditions in Alcester, SD
The real estate market in Alcester has experienced a steady increase in home prices due to its desired location and community feel. As more people seek to escape urban areas, demand for houses in Alcester has grown, leading to a competitive market, particularly for single-family homes.
Alcester's housing inventory remains low, which has resulted in quicker sales and bidding wars on well-maintained properties. Buyers are showing increased interest in homes with land and those that offer outdoor space, especially in light of the pandemic's shift toward remote work.
Potential investors and first-time homebuyers should be aware of the growing nature of the Alcester market, which has been attracting individuals looking for affordable housing options combined with a slower pace of living away from the urban hustle.
Home Value Estimator For Alcester, SD
There are currently 612 real estate properties
in Alcester, SD,
with a median automated valuation model (AVM) price
of $229,521.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Alcester, SD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Alcester, SD,
is $258,863.00, with the most expensive house
in Alcester, SD, topping out
at $2,629,891.00 and the cheapest home
in Alcester, SD,
clocking in at $16,006.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Alcester, SD!
Rent Prices
In Alcester, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Alcester, SD, is on
a rollercoaster ride. The
average rent price in Alcester, SD,
is $1,217.00. Indeed, when looking to rent in
Alcester, SD, you can expect to pay as little
as $770.00 or as much
as $2,970.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Alcester, SD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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