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Rent To Own Homes in Garretson, SD

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Garretson, SD Foreclosures

How much do homes sell for in Garretson, SD?
The average home price is currently $468,973.
In Garretson, SD, how many homes are available?
There are currently 2 active home listings available in Garretson.
What’s the average rental cost in Garretson, SD?
The average rental price in Garretson is $1,516.
What is the most expensive home in Garretson?
The most expensive home sold in Garretson had a price of $3,541,669.
What is currently the cheapest priced home in Garretson, SD?
The cheapest home for sale in Garretson is priced at $51,957.

Living in Garretson, SD

Garretson, SD is a quaint small town characterized by its friendly community and beautiful outdoor scenery. Located near the stunning Split Rock Creek, it offers various recreational activities and a proximity to Sioux Falls for easy access to urban amenities. Ideal for families, Garretson combines a peaceful rural atmosphere with vibrant community life.

Current Market Conditions in Garretson, SD

The real estate market in Garretson is showing a stable trend with a modest increase in home values over the past year. The demand for homes has remained steady, primarily due to the town's appeal to families and retirees seeking a quiet lifestyle with easy access to larger urban centers. Properties of different price ranges are available, with a slight shortage in lower-priced homes, which may make it slightly competitive for first-time buyers.

Currently, the market favors sellers as the number of homes for sale is lower than the demand. This trend has led to quicker sales and increasing prices, particularly in well-maintained properties that offer desirable features. Buyers are encouraged to act quickly when they find a home that meets their needs.

Home Value Estimator For Garretson, SD

There are currently 939 real estate properties in Garretson, SD, with a median automated valuation model (AVM) price of $404,083.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garretson, 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 Garretson, SD, is $468,973.00, with the most expensive house in Garretson, SD, topping out at $3,541,669.00 and the cheapest home in Garretson, SD, clocking in at $51,957.00. In other words, there’s something for every potential homebuyer or savvy investor in Garretson, SD!

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.

Garretson, SD Rent To Own Homes

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