South Dakota housing market

The median home value in South Dakota is $325K as of Jul 2026, up 2.5% over the past year. Explore the South Dakota home-price trend, 12-month outlook, and every county below.

Median home value

$325K

as of Jul 2026

1-year change

+2.5%

year-over-year

12-month outlook

Mixed signals

See the South Dakota forecast →

South Dakota home-value trend

Updated Jul 2026

Typical home value (Zillow ZHVI), last 10 years, vs. the U.S..

South Dakota median home value over time

DateTypical home value
Sep 2016$185K
Sep 2018$203K
Aug 2020$224K
Aug 2022$302K
Jul 2024$310K
Jul 2026$325K

South Dakota housing market at a glance

Statewide supply and demand. Source: Census ACS, Insight Score Engine (Zillow + Census), Realtor.com, Realtor.com + Redfin, Redfin

MetricValueAs of
Median list priceWhat sellers are currently asking, across all active listings.$378KJul 2026
Median price per square footClosed sales only, so markets with different typical home sizes compare fairly.$186May 2026
Price per square foot, 1-year changeSize-adjusted price movement over the last 12 months.+1.9%May 2026
Median days on marketHow long a typical listing sits before it sells or is pulled.53Jul 2026
Months of supplyHow long it would take to sell every active listing at the current pace. Under 6 months leans toward sellers.3.18May 2026
Active listingsHomes on the market right now, excluding pending sales.3,365Jul 2026
Inventory vs. 2019Supply against the same month of the last pre-pandemic year. Negative still means tighter than 2019.-15.8%Jul 2026
Pending sales vs. active listingsHomes under contract measured against homes still available. Higher means demand is clearing supply faster.35.7%Jul 2026
Median home sizeSquare footage of the typical listed home.1,896Jul 2026
Priced above fundamentalsHow far the typical home sits above what local incomes and rents support. Positive means stretched.+23.6%Jul 2026

Home prices in South Dakota's biggest markets

The 10 most-populated counties in South Dakota, compared on typical home value and its 1-year change.

CountyTypical home value1-yearPopulation
Minnehaha$330K+1.2%203,289
Pennington$369K+1.9%113,512
Lincoln$387K+1.6%70,638
Brown$247K+6.6%37,877
Brookings$330K+6.0%35,353
Meade$401K+4.5%30,546
Codington$344K+2.4%28,767
Lawrence$454K-1.0%27,233
Yankton$281K+1.4%23,414
Davison$256K+1.9%19,952

Who lives in South Dakota

Population, income and housing-stock context behind the prices above

MetricValueAs of
PopulationLatest Census population estimate.907.4KJan 2024
Median household incomeWhat the typical household earns, from the Census ACS.$75.1KJan 2024
Median ageHalf the population is older than this, half younger.38Jan 2024
Empty homes that are actually for sale or rentOf the homes sitting empty, the share genuinely on the market. The rest are seasonal, tied up, or off-market.22.3%Jan 2024
Residents 55 and olderThe share of the population at or near retirement age.30.6%Jan 2024

South Dakota home prices by county

Browse all 66 counties in South Dakota. Each shows home values, a 12-month forecast, crash and climate risk, property tax, and cap rate.

Top movers in South Dakota

The South Dakota counties drawing the most new residents on the latest IRS county-to-county migration data. See where people are moving from and to in each.

See where people are moving nationwide →

South Dakota housing market FAQ

What is the median home price in South Dakota?

The median home value in South Dakota is $325K as of Jul 2026, up 2.5% over the past year. Curb Report tracks South Dakota home values monthly from Zillow's home value index, with a county-by-county breakdown.

What is the average home price in South Dakota?

The average home price in South Dakota is about $325K as of Jul 2026. Strictly speaking that figure is the typical home value from Zillow's home value index, which behaves like a median rather than a true arithmetic mean. That is the more useful number: a real average is pulled upward by a small number of luxury sales, so it overstates what an ordinary South Dakota home costs.

How long does it take to sell a house in South Dakota?

A typical South Dakota listing spends 53 days on the market before it sells or is withdrawn, as of Jul 2026. That is the statewide median; individual counties vary widely, and the county breakdown below shows where homes move fastest.

Is South Dakota a buyer's market or a seller's market?

South Dakota currently has 3.18 months of supply as of May 2026, meaning it would take that long to sell every active listing at the current sales pace. Under roughly six months is conventionally read as a seller's market and above it as a buyer's market, so South Dakota sits on the seller-leaning side of that line today.

Is now a good time to buy a home in South Dakota?

Curb Report's 12-month price forecast for South Dakota currently points to mixed signals. Weigh it against the South Dakota home-price trend and each county's outlook below before you buy.

Will the South Dakota housing market crash?

South Dakota's housing crash risk is currently moderate, based on how prices compare with local fundamentals and the 2008 baseline. Elevated risk doesn't predict a crash; it flags where the downside is larger if conditions turn. See the county-by-county crash-risk breakdown on Curb Report.

How much have home values changed in South Dakota?

South Dakota home values are up 2.5% over the past year, with the typical home now worth $325K. Explore the full 10-year South Dakota home-value trend above.

Explore other state housing markets