Foreclosure Homes in Garretson, SD

Current Market Conditions in Garretson, SD

The real estate market in Garretson is currently experiencing a stable growth phase, with property values appreciating at a steady pace. This trend presents a solid opportunity for real estate investors looking to capitalize on the rising interest in small-town living.

Due to its proximity to Sioux Falls and potential for new developments, Garretson has become increasingly attractive for first-time buyers and investors, leading to a competitive market for both rental and residential properties.

Rent Prices In Garretson, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garretson, SD, is on a rollercoaster ride. The average rent price in Garretson, SD, is $1,516.00. Indeed, when looking to rent in Garretson, SD, you can expect to pay as little as $800.00 or as much as $2,300.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Garretson, 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.