Living in Redfield, SD
Redfield, SD is a charming small town with a strong community spirit and a serene lifestyle. It features beautiful scenery ideal for outdoor activities such as hunting and fishing. The local schools are highly regarded, making it a family-friendly destination.
Current Market Conditions in Redfield, SD
The real estate market in Redfield is currently stable, with modest growth seen in both home prices and sales volume. There is a balanced supply of homes, catering to buyers looking for affordability, and sellers are seeing favorable conditions in terms of sales timing.
In recent months, the demand for homes in Redfield has slightly increased, with young families moving into the area due to its peaceful environment and good schools. This has contributed to a competitive but still reasonable market, keeping prices within reach for many.
Overall, Redfield's real estate market remains appealing to both first-time homebuyers and those looking for investment opportunities, thanks to its affordability and strong community ties.
Home Value Estimator For Redfield, SD
There are currently 768 real estate properties
in Redfield, SD,
with a median automated valuation model (AVM) price
of $131,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Redfield, 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 Redfield, SD,
is $163,828.00, with the most expensive house
in Redfield, SD, topping out
at $4,536,700.00 and the cheapest home
in Redfield, SD,
clocking in at $12,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Redfield, SD!
Rent Prices
In Redfield, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Redfield, SD, is on
a rollercoaster ride. The
average rent price in Redfield, SD,
is $923.00. Indeed, when looking to rent in
Redfield, SD, you can expect to pay as little
as $580.00 or as much
as $2,000.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Redfield, 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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