Rent To Own Homes in Box Elder, SD

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View this home at Kodiak Dr Box Elder SD 57719
Kodiak Dr
Box Elder, SD 57719
AUCTION: 05-29-2024
3 View this home at Stealth Ln Box Elder SD 57719
$173,040 EMV
Stealth Ln
Box Elder, SD 57719
3 |
EST. RENT: $1,321
AUCTION: 04-30-2024
3 |
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Home Value Estimator For Box Elder, SD

There are currently 1,723 real estate properties in Box Elder, SD, with a median automated valuation model (AVM) price of $327,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Box Elder, 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 Box Elder, SD, is $325,750.00, with the most expensive house in Box Elder, SD, topping out at $2,761,000.00 and the cheapest home in Box Elder, SD, clocking in at $68,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Box Elder, SD!

Rent Prices In Box Elder, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Box Elder, SD, is on a rollercoaster ride. The average rent price in Box Elder, SD, is $1,375.00. Indeed, when looking to rent in Box Elder, SD, you can expect to pay as little as $930.00 or as much as $3,140.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Box Elder, 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.

Top Reasons To Live In Box Elder, SD In 2024

Box Elder is located in Pennington, South Dakota, with an estimated municipal population of 10,119 residents. All of the best foreclosed homes for sale in Box Elder are located in the following zip code areas on 57703 57706 57719. The estimated population per square kilometer (.62 miles) in Box Elder is 265.

Diversity And Demographics In Box Elder, South Dakota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Box Elder, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Box Elder is 25.4, split between 54.4 percent male versus 45.6 female. The percentage of residents who report being married in Box Elder is 50, with an average family size of 3.25.

The percentage of residents who report their race in Box Elder is as follows:

White 82.9%
Black / African American 3.4%
Asian 1.3%
American Indian / Alaskan Native 3.3%
Native Hawaiian / Other Pacifc Islander 1.5%
Multi-racial 6.8%
Other 0.9%

Looking for family-friendly neighborhoods in and/or near Box Elder? Or maybe you are searching for 55+ active adult communities in and/or near Box Elder?

The percentage of residents who report their age in Box Elder is as follows:

Under 10 15.5%
Aged 10-19 14.8%
20s 27.5%
30s 16.1%
40s 9.2%
50s 7%
60s 6.8%
70s 2.4%
80+ 0.4%

Best Schools In Box Elder, South Dakota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Box Elder with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Box Elder.

Pros And Cons Of Living In Box Elder, South Dakota

How do you know that living in -- or moving to -- Box Elder is right where you need to be? Perhaps you grew up in Box Elder or already live nearby; therefore, the decision to buy a home in Box Elder is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Box Elder for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Box Elder:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Box Elder.

Reasons To Move To Box Elder, South Dakota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Box Elder can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Box Elder, meanwhile, can field multiple offers from more qualified buyers.

Box Elder, SD Rent To Own Homes


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