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Real Estate Prices & Overview

85th St / S Pinewood Ave median real estate price is $691,380, which is more expensive than 98.8% of the neighborhoods in South Dakota and 80.0% of the neighborhoods in the U.S.

The average rental price in 85th St / S Pinewood Ave is currently $1,472, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.9% of the neighborhoods in South Dakota.

85th St / S Pinewood Ave is a suburban neighborhood (based on population density) located in Sioux Falls, South Dakota.

85th St / S Pinewood Ave real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the 85th St / S Pinewood Ave neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In 85th St / S Pinewood Ave, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in 85th St / S Pinewood Ave is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the 85th St / S Pinewood Ave neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the 85th St / S Pinewood Ave neighborhood. A whopping 97.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.8% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Furthermore, one way that the 85th St / S Pinewood Ave neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

People

Of note is NeighborhoodScout's research finding that the 85th St / S Pinewood Ave neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the 85th St / S Pinewood Ave community truly stands out from the rest in this regard.

In addition, a majority of the adults in the 85th St / S Pinewood Ave neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for South Dakota by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.3% of the neighborhoods in South Dakota. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students and families with school-aged children.

Diversity

Did you know that the 85th St / S Pinewood Ave neighborhood has more Norwegian and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.8% of this neighborhood's residents have Norwegian ancestry and 6.2% have Dutch ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the 85th St / S Pinewood Ave neighborhood in Sioux Falls are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.7% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the 85th St / S Pinewood Ave neighborhood, 56.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 19.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.3%), and 11.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the 85th St / S Pinewood Ave neighborhood is English, spoken by 98.6% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the 85th St / S Pinewood Ave neighborhood in Sioux Falls, SD, residents most commonly identify their ethnicity or ancestry as German (33.9%). There are also a number of people of Norwegian ancestry (13.8%), and residents who report English roots (9.4%), and some of the residents are also of Irish ancestry (8.9%), along with some Swedish ancestry residents (7.5%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in 85th St / S Pinewood Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (57.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (85.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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