Living in Scenic, SD
Scenic, SD, is a quaint town surrounded by the picturesque landscapes of the Black Hills. With its close-knit community and access to outdoor activities, Scenic offers a peaceful escape from urban life. Residents enjoy hiking, camping, and the natural beauty of the region, making it an ideal location for families and nature enthusiasts.
Current Market Conditions in Scenic, SD
The real estate market in Scenic, SD, remains stable with moderate activity. Homes in the area are in demand due to the scenic surroundings and peaceful lifestyle, attracting buyers seeking rural properties. Prices are generally affordable compared to urban areas, making it an attractive option for first-time homebuyers and investors alike.
There has been an increasing interest in properties near outdoor recreational areas, leading to a gradual appreciation in home values over the past year. The community's accessibility to major attractions amplifies its appeal, resulting in a favorable market outlook.
Home Value Estimator For Scenic, SD
There are currently 37 real estate properties
in Scenic, SD,
with a median automated valuation model (AVM) price
of $384,508.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scenic, 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 Scenic, SD,
is $449,033.00, with the most expensive house
in Scenic, SD, topping out
at $1,753,000.00 and the cheapest home
in Scenic, SD,
clocking in at $83,860.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scenic, SD!
Rent Prices
In Scenic, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scenic, SD, is on
a rollercoaster ride. The
average rent price in Scenic, SD,
is $1,289.00. Indeed, when looking to rent in
Scenic, SD, you can expect to pay as little
as $880.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,230.00. The good news is that finding
an affordable and desirable property to rent in Scenic, 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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