Mellette, SD Foreclosures
How much do homes sell for in Mellette, SD?
The average home price is currently $308,779.
What’s the average rental cost in Mellette, SD?
The average rental price in Mellette is $1,148.
What is the most expensive home in Mellette?
The most expensive home sold in Mellette had a price of $6,707,600.
What is currently the cheapest priced home in Mellette, SD?
The cheapest home for sale in Mellette is priced at $65,000.
Living in Mellette, SD
Mellette, South Dakota is a quaint and welcoming community known for its scenic landscapes and friendly atmosphere. It offers various outdoor activities, making it ideal for those looking to embrace nature while enjoying a tranquil lifestyle. With a close-knit community and local events, Mellette provides a unique blend of rural charm and outdoor adventures.
Current Market Conditions in Mellette, SD
The real estate market in Mellette is stable, with a mix of affordable homes and properties suitable for seasonal living. The small town atmosphere appeals to buyers looking for space and privacy, and the market continues to reflect that cozy, rural charm.
As more people turn to remote work, communities like Mellette have seen increased interest, as they provide an escape from the hustle and bustle of city life. Local homes often sell within a reasonable timeframe, indicating a healthy supply and demand balance.
Home Value Estimator For Mellette, SD
There are currently 153 real estate properties
in Mellette, SD,
with a median automated valuation model (AVM) price
of $198,413.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mellette, 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 Mellette, SD,
is $308,779.00, with the most expensive house
in Mellette, SD, topping out
at $6,707,600.00 and the cheapest home
in Mellette, SD,
clocking in at $65,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mellette, SD!
Rent Prices
In Mellette, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mellette, SD, is on
a rollercoaster ride. The
average rent price in Mellette, SD,
is $1,148.00. Indeed, when looking to rent in
Mellette, SD, you can expect to pay as little
as $550.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Mellette, 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
