IPFS News Link • Housing
For $250,000, you can buy this South Dakota ghost town
• http://money.cnn.com, By Kathryn VaselThe six-acre town of Swett, which is 123 miles from Rapid City and close to the Nebraska border, is on the market for $250,000.
f course, the town is abandoned ... and possibly haunted. But then that only adds to the charm.
The "ghost town" comes with a home, which is rumored to be haunted; a garage/shop and a bar -- the Swett Tavern -- which has a stage and party room, according to the listing.
Swett used to have its own post office until it closed in 1945.
The town was originally listed for $399,000 in summer 2014. The median home price in the U.S. is $229,000, according to the National Association of Realtors. Home prices have increased 15% in the past year in South Dakota, according to Zillow, climbing to $172,700.