Ree Heights median real estate price is $122,491, which is more expensive than 47.1% of the neighborhoods in South Dakota and 27.3% of the neighborhoods in the U.S.
The average rental price in Ree Heights is currently $670, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.9% of South Dakota neighborhoods.
Ree Heights is a remote neighborhood (based on population density) located in Miller, South Dakota.
Ree Heights real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Ree Heights neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Ree Heights. The current real estate vacancy rate here is 26.4%. This is higher than the rate of vacancies in 92.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.