South Dakota

There are many innovative real estate investing opportunities in the different counties of South Dakota. One county that offers great potential for investors is Minnehaha County. This county is home to Sioux Falls, the largest city in the state. The city has a population of over 181,000 people and is growing at a rapid pace. The median home value in Sioux Falls is $156,700, which is much lower than the national average of $219,700. The low cost of living and high quality of life make Sioux Falls an attractive place to live for families and retirees. There are many new construction projects underway in the city, which presents opportunities for investors to purchase pre-construction properties at a discount.

Another county with excellent real estate investment potential is Lincoln County. This county is adjacent to Minnehaha County and includes the cities of Canton and Lennox. Canton is the third largest city in South Dakota with a population of over 16,000 people. The median home value in Canton is $131,200, which is even lower than Sioux Falls. Lincoln County also has a number of new construction projects underway, making it another great place to invest in pre-construction properties.

If you are looking for more rural investment opportunities, consider Codington County. This county includes the cities of Watertown and Clark. Watertown is the fourth largest city in South Dakota with a population of over 21,000 people. The median home value in Watertown is $142,400, which is still below the national average but slightly higher than other counties in South Dakota due to its proximity to Minneapolis/St Paul metropolitan area