Eagle Butte, SD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Eagle Butte, SD Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Eagle Butte Housing Market Information

With a population of 1,349, 363 total housing units (homes and apartments), and a median house value of $73,325, house prices in Eagle Butte are some of the most affordable in South Dakota as well as the nation.

Single-family detached homes are the single most common housing type in Eagle Butte, accounting for 40.00% of the city's housing units. Other types of housing that are prevalent in Eagle Butte include large apartment complexes or high rise apartments ( 25.88%), mobile homes or trailers ( 24.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.18%).

The most prevalent building size and type in Eagle Butte are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.40% owning and 58.60% renting.

There is a lot of housing in Eagle Butte built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Eagle Butte built between 2000 and later ( 14.59%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.65%). There's also some housing in Eagle Butte built before 1939 ( 9.18%).

Vacant housing appears to be an issue in Eagle Butte. Fully 14.59% of the housing stock is classified as vacant. Left unchecked, vacant Eagle Butte homes and apartments can be a drag on the real estate market, holding Eagle Butte real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Eagle Butte Home Appreciation Rates

In the last 10 years, Eagle Butte has experienced some of the highest home appreciation rates of any community in the nation. Eagle Butte real estate appreciated 19.57% over the last ten years, which is an average annual home appreciation rate of 1.80%, putting Eagle Butte in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Eagle Butte definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Eagle Butte's appreciation rate, at 4.29%, has been at or slightly above the national average. In the latest quarter, Eagle Butte's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to South Dakota, our data show that Eagle Butte's latest annual appreciation rate is lower than 50% of the other cities and towns in South Dakota.

Average Home Values

 

Median Home Value:
$73,325

Eagle Butte, SD HOME PRICES

Value Range
> $1,130,000 1.2
$848,001 - $1,130,000 0.0
$565,001 - $848,000 0.3
$453,001 - $565,000 0.0
$339,001 - $453,000 1.3
$226,001 - $339,000 1.5
$113,001 - $226,000 21.1
$57,001 - $113,000 34.3
$0 - $57,000 40.4

Very Low for SD
Very Low for Nation

Value Relative to Nation Value Relative to State
93.838626508848 86.25

Number Of Homes And Apartments:
363

Eagle Butte Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SD*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
95.05% 3.95% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$616 / per month

Homeownership Rate

Homeownership
Owners 41.40
Renters 58.60
Vacant 14.59

Housing Market Details

 

Age of Homes

AGE OF Eagle Butte HOMES
2000 or Newer 14.6
1970 - 1999 66.6
1940 - 1969 9.6
1939 or Older 9.2

Types of Homes

TYPE OF Eagle Butte HOMES
Single-Family 40.0
Townhomes 0.0
Small Apt. Buildings 9.2
Apt. Complexes 25.9
Mobile Homes 24.9
Other 0.0

Home Size

SIZE OF Eagle Butte HOMES
No Bedroom 0.00
1 Bedroom 10.35
2 Bedrooms 27.29
3 Bedrooms 40.94
4 Bedrooms 18.59
5 or more bedrooms 2.82

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Zip Codes in Eagle Butte, SD