Newell, SD Foreclosures
How much do homes sell for in Newell, SD?
The average home price is currently $338,750.
In Newell, SD, how many homes are available?
There are currently 1 active home listings available in Newell.
What’s the average rental cost in Newell, SD?
The average rental price in Newell is $1,099.
What is the most expensive home in Newell?
The most expensive home sold in Newell had a price of $4,730,071.
What is currently the cheapest priced home in Newell, SD?
The cheapest home for sale in Newell is priced at $12,867.
Living in Newell, SD
Newell is a charming small town located in the Black Hills region of South Dakota. Known for its welcoming community and stunning natural scenery, it offers a tranquil lifestyle away from the hustle and bustle of larger cities. With outdoor activities at your doorstep and local amenities for convenience, Newell is an ideal place to call home for those seeking a peaceful environment.
Current Market Conditions in Newell, SD
The real estate market in Newell shows signs of steady growth, with a variety of homes available at accessible prices. Properties in Newell typically retain value, thanks to the town's appeal to both retirees and families who crave a quiet, rural lifestyle. The sense of community makes it a desirable place to settle, contributing to a stable housing market.
Recent trends indicate an increase in home sales, particularly in affordable starter homes, reflecting a growing interest in small-town living. Investors are also beginning to notice Newell's potential, leading to a slight uptick in property renovations and new builds.
Home Value Estimator For Newell, SD
There are currently 460 real estate properties
in Newell, SD,
with a median automated valuation model (AVM) price
of $243,913.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newell, 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 Newell, SD,
is $338,750.00, with the most expensive house
in Newell, SD, topping out
at $4,730,071.00 and the cheapest home
in Newell, SD,
clocking in at $12,867.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newell, SD!
Rent Prices
In Newell, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newell, SD, is on
a rollercoaster ride. The
average rent price in Newell, SD,
is $1,099.00. Indeed, when looking to rent in
Newell, SD, you can expect to pay as little
as $580.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Newell, 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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