Caputa, SD Foreclosures
How much do homes sell for in Caputa, SD?
The average home price is currently $561,519.
In Caputa, SD, how many homes are available?
There are currently 122 active home listings available in Caputa.
What’s the average rental cost in Caputa, SD?
The average rental price in Caputa is $1,412.
What is the most expensive home in Caputa?
The most expensive home sold in Caputa had a price of $2,807,092.
What is currently the cheapest priced home in Caputa, SD?
The cheapest home for sale in Caputa is priced at $56,748.
Living in Caputa, SD
Caputa, located in South Dakota, is a serene rural community known for its open spaces and close-knit atmosphere. The area offers a peaceful lifestyle with access to outdoor activities and stunning natural scenery. It's perfect for families seeking a quiet lifestyle, while still being within reach of larger urban centers like Rapid City.
Current Market Conditions in Caputa, SD
The real estate market in Caputa, SD, is characterized by affordability and a slower-paced environment compared to urban areas. In recent months, there has been an influx of buyers looking for rural homes, which has slightly increased property values and demand. This trend is driven by those seeking larger lots and homes that provide space for families and hobbies in a peaceful setting away from city congestion.
With limited available inventory, homes in Caputa are becoming sought after, particularly among those looking to escape the hustle and bustle of city life. The presence of amenities in nearby Rapid City makes Caputa attractive for buyers who want the best of both worlds.”],
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Recent changes in the real estate market over the past month indicate a slight increase in home prices, attributed to rising interest in rural living combined with more families reassessing their living situations post-pandemic. Inventory remains tight, which is maintaining pressure on prices as demand continues to outpace supply. Buyers remain motivated by the opportunity to own larger properties with outdoor space.
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Over the past year, the Caputa real estate market has seen modest growth, with an overall increase in home values of about 5% annually. The area's appeal as a quiet alternative to urban environments and the convenience of proximity to Rapid City have contributed to a steady rise in interest, especially from families and retirees looking for tranquility. Inventory levels have fluctuated, but overall, the market remains a competitive one.
Home Value Estimator For Caputa, SD
There are currently 69 real estate properties
in Caputa, SD,
with a median automated valuation model (AVM) price
of $445,267.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Caputa, 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 Caputa, SD,
is $561,519.00, with the most expensive house
in Caputa, SD, topping out
at $2,807,092.00 and the cheapest home
in Caputa, SD,
clocking in at $56,748.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Caputa, SD!
Rent Prices
In Caputa, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Caputa, SD, is on
a rollercoaster ride. The
average rent price in Caputa, SD,
is $1,412.00. Indeed, when looking to rent in
Caputa, SD, you can expect to pay as little
as $790.00 or as much
as $3,040.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Caputa, 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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