Mobridge, SD Foreclosures
How much do homes sell for in Mobridge, SD?
The average home price is currently $171,127.
What’s the average rental cost in Mobridge, SD?
The average rental price in Mobridge is $990.
What is the most expensive home in Mobridge?
The most expensive home sold in Mobridge had a price of $781,439.
What is currently the cheapest priced home in Mobridge, SD?
The cheapest home for sale in Mobridge is priced at $51,602.
Living in Mobridge, SD
Mobridge, located in north-central South Dakota, offers a serene lifestyle surrounded by beautiful landscapes and the Missouri River. It's known for its friendly community and a variety of outdoor recreational activities, including fishing, boating, and hunting. The city is rich in history and has a small-town charm that attracts families and retirees alike.
Current Market Conditions in Mobridge, SD
The real estate market in Mobridge remains stable with a slight increase in home values over the past few years. With its picturesque scenery and low cost of living, the demand for homes has attracted buyers looking for a peaceful getaway or a place to settle down. Historically, the market typically sees sales peak in spring and summer, which have shown consistent growth in property values during these months.
Currently, there is a growing trend of interest from out-of-state buyers, drawn by the affordable housing and the outdoor lifestyle that Mobridge offers. The influx of new residents has encouraged some construction and remodeling projects, enhancing the inventory available in the market.
Home Value Estimator For Mobridge, SD
There are currently 1,336 real estate properties
in Mobridge, SD,
with a median automated valuation model (AVM) price
of $138,753.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mobridge, 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 Mobridge, SD,
is $171,127.00, with the most expensive house
in Mobridge, SD, topping out
at $781,439.00 and the cheapest home
in Mobridge, SD,
clocking in at $51,602.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mobridge, SD!
Rent Prices
In Mobridge, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mobridge, SD, is on
a rollercoaster ride. The
average rent price in Mobridge, SD,
is $990.00. Indeed, when looking to rent in
Mobridge, SD, you can expect to pay as little
as $990.00 or as much
as $990.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Mobridge, 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.
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