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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 15,534, 6,668 total housing units (homes and apartments), and a median house value of $273,015, Yankton real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Yankton, accounting for 63.34% of the city's housing units. Other types of housing that are prevalent in Yankton include large apartment complexes or high rise apartments ( 22.53%), row houses and other attached homes ( 6.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.27%).
People in Yankton primarily live in small (one, two or no bedroom) single-family detached homes. Yankton has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Yankton 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 Yankton built between 1940-1969 ( 31.07%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.91%). There's also some housing in Yankton built before 1939 ( 9.55%).
Real estate appreciation rates in Yankton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.93% during the period.
Appreciation rates are so strong in Yankton that despite a nationwide downturn in the housing market, Yankton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Yankton appreciation rates continue to be some of the highest in America, at 8.80%, which is higher than appreciation rates in 79.08% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Yankton. Yankton appreciation rates in the latest quarter were at 4.92%, which equates to an annual appreciation rate of 21.16%.
Importantly, this makes Yankton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to South Dakota, our data show that Yankton's latest annual appreciation rate is lower than 60% of the other cities and towns in South Dakota.
$273,015
for South dakota
for nation
6,668
$1,227 / per month