Nisland, SD Foreclosures
How much do homes sell for in Nisland, SD?
The average home price is currently $389,581.
In Nisland, SD, how many homes are available?
There are currently 8 active home listings available in Nisland.
What’s the average rental cost in Nisland, SD?
The average rental price in Nisland is $1,149.
What is the most expensive home in Nisland?
The most expensive home sold in Nisland had a price of $2,794,277.
What is currently the cheapest priced home in Nisland, SD?
The cheapest home for sale in Nisland is priced at $58,790.
Living in Nisland, SD
Nisland is a charming small town located in the heart of South Dakota. Known for its friendly community and picturesque landscapes, residents enjoy a tranquil lifestyle while still having access to the amenities of nearby larger cities. The town offers a variety of recreational activities and a close-knit atmosphere that makes everyone feel at home.
Current Market Conditions in Nisland, SD
The real estate market in Nisland, SD, remains stable, with steady demand for homes as more people seek out small-town living in scenic areas. Properties that become available tend to attract interested buyers quickly, especially those looking for affordable housing options. As of late 2023, the market is characterized by modest appreciation, with home prices reflecting a balanced supply and demand dynamic.
Currently, the town is experiencing an influx of interest from buyers looking for property that offers a sense of peace, scenic views, and community involvement. This trend has led to an increase in new listings, particularly as remote work allows individuals to choose more rural living environments.
Home Value Estimator For Nisland, SD
There are currently 171 real estate properties
in Nisland, SD,
with a median automated valuation model (AVM) price
of $329,474.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nisland, 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 Nisland, SD,
is $389,581.00, with the most expensive house
in Nisland, SD, topping out
at $2,794,277.00 and the cheapest home
in Nisland, SD,
clocking in at $58,790.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nisland, SD!
Rent Prices
In Nisland, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nisland, SD, is on
a rollercoaster ride. The
average rent price in Nisland, SD,
is $1,149.00. Indeed, when looking to rent in
Nisland, SD, you can expect to pay as little
as $550.00 or as much
as $1,730.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Nisland, 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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