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Rent To Own Homes in Summerset, SD 57718

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Living in Summerset, SD

Summerset, SD is an emerging residential community situated near Rapid City. It combines a suburban lifestyle with accessible outdoor activities and local amenities, making it ideal for families and individuals seeking tranquility. The area's focus on education and community growth further contributes to its appeal.

Current Market Conditions in Summerset, SD

The real estate market in Summerset is experiencing positive momentum with increasing demand for housing. The average home prices have shown a steady incline over the past year, indicating a robust interest from buyers.

Investors in the area can expect a healthy return on investment as more families are drawn to the amenities and lifestyle that Summerset offers, alongside its proximity to Rapid City.

Home Value Estimator For Summerset, SD

There are currently 1,019 real estate properties in Summerset, SD, with a median automated valuation model (AVM) price of $420,070.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summerset, 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 Summerset, SD, is $407,291.00, with the most expensive house in Summerset, SD, topping out at $2,695,879.00 and the cheapest home in Summerset, SD, clocking in at $36,955.00. In other words, there’s something for every potential homebuyer or savvy investor in Summerset, SD!

Rent Prices In Summerset, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerset, SD, is on a rollercoaster ride. The average rent price in Summerset, SD, is $1,608.00. Indeed, when looking to rent in Summerset, SD, you can expect to pay as little as $1,120.00 or as much as $2,360.00, 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 Summerset, 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.

Summerset, SD 57718 Rent To Own Homes

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