Living in Orient, SD
Orient, South Dakota is a charming small town that offers a peaceful rural lifestyle. It is surrounded by stunning natural beauty and offers various outdoor recreational activities. The community is tight-knit, with several local events that promote a strong sense of belonging among residents.
Current Market Conditions in Orient, SD
The real estate market in Orient, SD is stable, with a limited supply of homes available for sale. The prices in this market tend to be lower compared to larger cities, making it an attractive option for first-time home buyers or those looking to invest in rental properties. Homes are selling at a consistent pace, reflecting the community's desirability despite its small size.
Currently, the interest in rural properties has increased as more people seek affordable housing options in quiet environments. This trend is reflected in the steady price growth seen in the area, which is appealing for future investment opportunities.
Home Value Estimator For Orient, SD
There are currently 129 real estate properties
in Orient, SD,
with a median automated valuation model (AVM) price
of $392,183.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Orient, 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 Orient, SD,
is $441,986.00, with the most expensive house
in Orient, SD, topping out
at $6,963,300.00 and the cheapest home
in Orient, SD,
clocking in at $50,441.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Orient, SD!
Rent Prices
In Orient, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Orient, SD, is on
a rollercoaster ride. The
average rent price in Orient, SD,
is $1,358.00. Indeed, when looking to rent in
Orient, SD, you can expect to pay as little
as $790.00 or as much
as $1,940.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Orient, 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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