South Dakota
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA






South Dakota Real Estate Values & Housing Market Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$185,180

Number Of Homes And Apartments:
342,503

South Dakota Home Prices

> $1,198,247
0.7%
0.7%
$898,570 - $1,198,247
0.6%
0.6%
$598,932 - $898,569
2.2%
2.2%
$479,143 - $598,931
2.7%
2.7%
$359,679 - $479,142
7.5%
7.5%
$239,461 - $359,678
17.8%
17.8%
$119,858 - $239,460
37.8%
37.8%
$59,781 - $119,857
16.4%
16.4%
$0 - $59,780
14.1%
14.1%
0.0% 100.0%
% OF HOMES

South Dakota Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q2 - 2020 Q3
1.40% 5.73%
2
Last 12 Months:
2019 Q3 - 2020 Q3
4.41% 4.41%
4
Last 2 Years:
2018 Q3 - 2020 Q3
9.06% 4.43%
5
Last 5 Years:
2015 Q3 - 2020 Q3
25.72% 4.68%
5
Last 10 Years:
2010 Q3 - 2020 Q3
42.31% 3.59%
7
Since 2000:
2000 Q1 - 2020 Q3
110.75% 3.70%
6
* 10 is highest

Rent & Homeownership

Average Market Rent:
$947 / per month

Homeownership Rate

Owners
65.4%
65.4%
Renters
34.6%
34.6%
Vacant
11.9%
11.9%
0.0% 100.0%
% OF HOMES

Housing Details

Age of Homes

2000 or Newer
21.1%
21.1%
1970 - 1999
39.4%
39.4%
1940 - 1969
21.6%
21.6%
1939 or Older
17.9%
17.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
68.2%
68.2%
Townhomes
3.6%
3.6%
Small Apt. Buildings
5.1%
5.1%
Apt. Complexes
14.4%
14.4%
Mobile Homes
8.7%
8.7%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
9.1%
9.1%
2 Bedrooms
27.5%
27.5%
3 Bedrooms
33.9%
33.9%
4 Bedrooms
19.6%
19.6%
5 or more bedrooms
7.8%
7.8%
0.0% 100.0%
% OF HOMES