Huron, SD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Huron Neighborhoods Since 2000




Huron, 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

Huron Housing Market Information

With 13,313 people, 5,570 houses or apartments, and a median cost of homes of $110,515, house prices in Huron are solidly below the national average.

Single-family detached homes are the single most common housing type in Huron, accounting for 68.93% of the city's housing units. Other types of housing that are prevalent in Huron include large apartment complexes or high rise apartments ( 19.32%), duplexes, homes converted to apartments or other small apartment buildings ( 7.69%), and a few row houses and other attached homes ( 2.51%).

People in Huron primarily live in small (one, two or no bedroom) single-family detached homes. Huron has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Huron's housing was primarily built during this period, from the '40s through the '60s. A full 35.76% of the city's housing hails from this era. Other housing ages represented in Huron include homes built between 1970-1999 ( 29.51%) and housing constructed before 1939 ( 27.94%). There's also some housing in Huron built between 2000 and later ( 6.79%).

Huron Home Appreciation Rates

In the last 10 years, Huron has experienced some of the highest home appreciation rates of any community in the nation. Huron real estate appreciated 39.65% over the last ten years, which is an average annual home appreciation rate of 3.40%, putting Huron in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Huron 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, Huron's appreciation rate, at 4.74%, has been at or slightly above the national average. In the latest quarter, Huron's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to South Dakota, our data show that Huron's latest annual appreciation rate is higher than 60% of the other cities and towns in South Dakota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Huron differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huron - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Huron real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$110,515

Huron, SD HOME PRICES

Value Range
> $1,141,000 0.0
$856,001 - $1,141,000 0.5
$571,001 - $856,000 0.2
$456,001 - $571,000 1.2
$342,001 - $456,000 1.9
$228,001 - $342,000 9.9
$114,001 - $228,000 28.1
$57,001 - $114,000 39.0
$0 - $57,000 19.1

Average for SD
Low for Nation

Value Relative to Nation Value Relative to State
71.0769951951248 52.5

Number Of Homes And Apartments:
5,570

Huron 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
84.08% 3.60% 6 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$749 / per month

Homeownership Rate

Homeownership
Owners 57.34
Renters 42.66
Vacant 8.63

Housing Market Details

 

Age of Homes

AGE OF Huron HOMES
2000 or Newer 6.8
1970 - 1999 29.5
1940 - 1969 35.8
1939 or Older 27.9

Types of Homes

TYPE OF Huron HOMES
Single-Family 68.9
Townhomes 2.5
Small Apt. Buildings 7.7
Apt. Complexes 19.3
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Huron HOMES
No Bedroom 2.49
1 Bedroom 15.42
2 Bedrooms 34.60
3 Bedrooms 32.14
4 Bedrooms 11.02
5 or more bedrooms 4.33

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Zip Codes in Huron, SD