Living in Humboldt, SD
Humboldt, SD, is a quaint town offering a welcoming community and a relaxed way of life. Surrounded by beautiful natural landscapes, residents can enjoy various outdoor activities. With essential amenities and a friendly atmosphere, it’s a perfect place for families or anyone seeking peace away from the hustle and bustle of city life.
Current Market Conditions in Humboldt, SD
The real estate market in Humboldt, SD, has been experiencing steady growth, with a notable increase in demand for homes due to the town's appealing lifestyle. Homes are often priced competitively, and the market caters to buyers looking for affordable options close to nature.
Recent trends suggest a gradual rise in property values, making it an attractive prospect for both first-time buyers and investors. The availability of diverse housing options, from older homes with character to newer constructions, adds to the appeal of this quiet community.
Home Value Estimator For Humboldt, SD
There are currently 498 real estate properties
in Humboldt, SD,
with a median automated valuation model (AVM) price
of $339,274.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Humboldt, 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 Humboldt, SD,
is $405,118.00, with the most expensive house
in Humboldt, SD, topping out
at $5,326,538.00 and the cheapest home
in Humboldt, SD,
clocking in at $35,715.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Humboldt, SD!
Rent Prices
In Humboldt, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Humboldt, SD, is on
a rollercoaster ride. The
average rent price in Humboldt, SD,
is $1,433.00. Indeed, when looking to rent in
Humboldt, SD, you can expect to pay as little
as $850.00 or as much
as $2,490.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Humboldt, 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
