Fairburn, SD Foreclosures
How much do homes sell for in Fairburn, SD?
The average home price is currently $425,504.
In Fairburn, SD, how many homes are available?
There are currently 5 active home listings available in Fairburn.
What’s the average rental cost in Fairburn, SD?
The average rental price in Fairburn is $1,143.
What is the most expensive home in Fairburn?
The most expensive home sold in Fairburn had a price of $1,423,306.
What is currently the cheapest priced home in Fairburn, SD?
The cheapest home for sale in Fairburn is priced at $50,198.
Living in Fairburn, SD
Fairburn is a charming small town nestled in the scenic hills of South Dakota. Known for its welcoming community and peaceful atmosphere, it offers a perfect escape from the hustle and bustle of urban life. Residents appreciate the stunning natural landscapes and the recreational opportunities nearby, making it an attractive choice for families and retirees alike.
Current Market Conditions in Fairburn, SD
The current real estate market in Fairburn is showing steady growth. With a migration of families seeking quieter living spaces, the demand for homes has increased slightly. The inventory is limited, but there are still affordable options available, making it an appealing market for first-time buyers looking for investment properties or starter homes.
Additionally, the local economy is experiencing gradual improvement, which is positively affecting housing prices and real estate investments. Investors are recognizing the potential in the area as developmental projects grow, thus contributing to a more vibrant community.
Home Value Estimator For Fairburn, SD
There are currently 108 real estate properties
in Fairburn, SD,
with a median automated valuation model (AVM) price
of $378,243.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairburn, 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 Fairburn, SD,
is $425,504.00, with the most expensive house
in Fairburn, SD, topping out
at $1,423,306.00 and the cheapest home
in Fairburn, SD,
clocking in at $50,198.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairburn, SD!
Rent Prices
In Fairburn, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairburn, SD, is on
a rollercoaster ride. The
average rent price in Fairburn, SD,
is $1,143.00. Indeed, when looking to rent in
Fairburn, SD, you can expect to pay as little
as $700.00 or as much
as $2,160.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Fairburn, 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.
Learn more on Foreclosure homes
