Renner, SD Foreclosures
How much do homes sell for in Renner, SD?
The average home price is currently $520,145.
In Renner, SD, how many homes are available?
There are currently 1 active home listings available in Renner.
What’s the average rental cost in Renner, SD?
The average rental price in Renner is $1,600.
What is the most expensive home in Renner?
The most expensive home sold in Renner had a price of $1,674,660.
What is currently the cheapest priced home in Renner, SD?
The cheapest home for sale in Renner is priced at $97,730.
Living in Renner, SD
Renner, SD is a quaint community located just minutes from Sioux Falls. Known for its friendly atmosphere and suburban charm, it provides residents with access to great schools, parks, and recreational activities, making it an appealing choice for families and individuals alike.
Current Market Conditions in Renner, SD
The real estate market in Renner, SD has seen a steady increase in demand as more individuals and families move to the area for its affordability and quality of life. Home prices have appreciated consistently, benefiting from the spillover effect of the larger Sioux Falls metropolitan area. With its growing popularity, homes for sale in Renner typically receive multiple offers, reflecting the competitive nature of this charming community.
As of late 2023, Renner's housing market remains robust, characterized by a low inventory of homes relative to buyer demand. New construction projects are underway to support the growing population, offering potential for further appreciation in property values as developers respond to the increasing interest in the area.
Home Value Estimator For Renner, SD
There are currently 450 real estate properties
in Renner, SD,
with a median automated valuation model (AVM) price
of $481,669.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Renner, 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 Renner, SD,
is $520,145.00, with the most expensive house
in Renner, SD, topping out
at $1,674,660.00 and the cheapest home
in Renner, SD,
clocking in at $97,730.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Renner, SD!
Rent Prices
In Renner, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Renner, SD, is on
a rollercoaster ride. The
average rent price in Renner, SD,
is $1,600.00. Indeed, when looking to rent in
Renner, SD, you can expect to pay as little
as $800.00 or as much
as $2,380.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Renner, 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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