Wilmot, SD Foreclosures
How much do homes sell for in Wilmot, SD?
The average home price is currently $239,994.
What’s the average rental cost in Wilmot, SD?
The average rental price in Wilmot is $1,173.
What is the most expensive home in Wilmot?
The most expensive home sold in Wilmot had a price of $746,641.
What is currently the cheapest priced home in Wilmot, SD?
The cheapest home for sale in Wilmot is priced at $35,000.
Living in Wilmot, SD
Wilmot, SD is a peaceful small town that offers a strong community spirit and beautiful rural landscapes. Ideal for families and retirees, this town features local amenities, quality schools, and a range of outdoor activities. Residents enjoy a friendly atmosphere and convenient access to essential services while being surrounded by nature.
Current Market Conditions in Wilmot, SD
The real estate market in Wilmot, SD is experiencing modest growth, with a steady increase in home values over the past few years. The demand for homes remains stable, fueled by an influx of new residents attracted to the area's charm and community-focused lifestyle. This trend reflects the ongoing appeal of rural living in a post-pandemic world where many are seeking spacious properties and a slower pace of life.
Current listings indicate a balanced market with various price ranges, making it accessible for both first-time buyers and those looking for larger homes. Buyers appreciate the affordable options available compared to urban areas, contributing to the steady interest in real estate transactions.
Home Value Estimator For Wilmot, SD
There are currently 327 real estate properties
in Wilmot, SD,
with a median automated valuation model (AVM) price
of $186,321.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wilmot, 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 Wilmot, SD,
is $239,994.00, with the most expensive house
in Wilmot, SD, topping out
at $746,641.00 and the cheapest home
in Wilmot, SD,
clocking in at $35,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wilmot, SD!
Rent Prices
In Wilmot, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wilmot, SD, is on
a rollercoaster ride. The
average rent price in Wilmot, SD,
is $1,173.00. Indeed, when looking to rent in
Wilmot, SD, you can expect to pay as little
as $770.00 or as much
as $1,860.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Wilmot, 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.
Learn more on Foreclosure homes
