Finding an affordable home in the Black Hills can be a challenge, the Custer County Chronicle reports.
The demand for homes in the hills is up but the supply hasn't kept pace, and for the homes that are available, overpricing is a large concern. Apartment rentals are hard to find as well. Many owners of apartments use their properties as vacation rentals because more revenue can be generated, which means long-term renters can experience difficulty finding a place.
At the same time, the housing market in the Black Hills has seen an increase over the past 12 months for both residential and land sales.
Explore more information about the Black Hills' housing market on the Black Hills Knowledge Network.