Bruce, SD Foreclosures
How much do homes sell for in Bruce, SD?
The average home price is currently $374,487.
What’s the average rental cost in Bruce, SD?
The average rental price in Bruce is $1,238.
What is the most expensive home in Bruce?
The most expensive home sold in Bruce had a price of $2,922,500.
What is currently the cheapest priced home in Bruce, SD?
The cheapest home for sale in Bruce is priced at $33,207.
Living in Bruce, SD
Bruce, SD, is a quaint and welcoming town that offers a peaceful lifestyle amid beautiful natural scenery. Residents enjoy a close-knit community, outdoor recreational activities, and the advantage of nearby urban amenities. Its rural charm combined with accessibility makes it an appealing place to call home.
Current Market Conditions in Bruce, SD
The current real estate market in Bruce, SD, is characterized by steady demand and limited inventory, typical of rural communities. Many families and retirees are drawn to the tranquility and affordability of living in Bruce, leading to a slight increase in property prices over the past year.
Investments in residential properties are gaining traction, with some new developments emerging to meet the demands of potential newcomers. The market is expected to remain stable, with moderate growth as more individuals discover the charm and quality of life in Bruce.
Home Value Estimator For Bruce, SD
There are currently 451 real estate properties
in Bruce, SD,
with a median automated valuation model (AVM) price
of $296,096.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bruce, 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 Bruce, SD,
is $374,487.00, with the most expensive house
in Bruce, SD, topping out
at $2,922,500.00 and the cheapest home
in Bruce, SD,
clocking in at $33,207.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bruce, SD!
Rent Prices
In Bruce, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bruce, SD, is on
a rollercoaster ride. The
average rent price in Bruce, SD,
is $1,238.00. Indeed, when looking to rent in
Bruce, SD, you can expect to pay as little
as $580.00 or as much
as $2,160.00,
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 Bruce, 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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