Cities with the fastest-growing home prices in South Dakota

Written by:
Stacker
September 23, 2024
4 PM production // Shutterstock

Cities with the fastest-growing home prices in South Dakota

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $362,143 in August, 2.5% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in South Dakota using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending August 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in South Dakota.

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#50. Box Elder

- Typical home value: $344,878
- 1-year price change: +$6,534 (+1.9%)
- 5-year price change: +$123,396 (+55.7%)
- Metro area: Rapid City, SD

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#49. Belle Fourche

- Typical home value: $327,485
- 1-year price change: +$6,550 (+2.0%)
- 5-year price change: +$91,806 (+39.0%)
- Metro area: not in a metro area

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#48. Doland

- Typical home value: $178,913
- 1-year price change: +$6,575 (+3.8%)
- 5-year price change: +$60,454 (+51.0%)
- Metro area: not in a metro area

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#47. Rapid City

- Typical home value: $350,823
- 1-year price change: +$6,626 (+1.9%)
- 5-year price change: +$127,220 (+56.9%)
- Metro area: Rapid City, SD

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#46. Beresford

- Typical home value: $284,617
- 1-year price change: +$6,834 (+2.5%)
- 5-year price change: +$95,046 (+50.1%)
- Metro area: Sioux Falls, SD

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#45. Henry

- Typical home value: $557,512
- 1-year price change: +$6,845 (+1.2%)
- 5-year price change: +$223,615 (+67.0%)
- Metro area: Watertown, SD

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#44. Groton

- Typical home value: $228,470
- 1-year price change: +$6,881 (+3.1%)
- 5-year price change: +$52,548 (+29.9%)
- Metro area: Aberdeen, SD

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#43. Brookings

- Typical home value: $296,973
- 1-year price change: +$7,173 (+2.5%)
- 5-year price change: +$82,643 (+38.6%)
- Metro area: Brookings, SD

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#42. Parkston

- Typical home value: $219,776
- 1-year price change: +$7,328 (+3.4%)
- 5-year price change: +$67,696 (+44.5%)
- Metro area: not in a metro area

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#41. Lake Preston

- Typical home value: $209,752
- 1-year price change: +$7,414 (+3.7%)
- 5-year price change: +$71,683 (+51.9%)
- Metro area: not in a metro area

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#40. Tea

- Typical home value: $365,214
- 1-year price change: +$7,416 (+2.1%)
- 5-year price change: +$108,903 (+42.5%)
- Metro area: Sioux Falls, SD

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#39. Canistota

- Typical home value: $304,930
- 1-year price change: +$7,574 (+2.5%)
- 5-year price change: +$107,753 (+54.6%)
- Metro area: Sioux Falls, SD

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#38. Keystone

- Typical home value: $601,422
- 1-year price change: +$7,669 (+1.3%)
- 5-year price change: +$250,963 (+71.6%)
- Metro area: Rapid City, SD

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#37. Spencer

- Typical home value: $270,990
- 1-year price change: +$7,889 (+3.0%)
- 5-year price change: +$79,886 (+41.8%)
- Metro area: Sioux Falls, SD

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#36. Lennox

- Typical home value: $295,415
- 1-year price change: +$7,993 (+2.8%)
- 5-year price change: +$98,037 (+49.7%)
- Metro area: Sioux Falls, SD

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#35. Whitewood

- Typical home value: $381,701
- 1-year price change: +$8,033 (+2.1%)
- 5-year price change: +$146,109 (+62.0%)
- Metro area: Spearfish, SD

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#34. Warner

- Typical home value: $260,015
- 1-year price change: +$8,052 (+3.2%)
- 5-year price change: +$64,749 (+33.2%)
- Metro area: Aberdeen, SD

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#33. Wall

- Typical home value: $280,199
- 1-year price change: +$8,066 (+3.0%)
- 5-year price change: +$108,537 (+63.2%)
- Metro area: Rapid City, SD

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#32. Astoria

- Typical home value: $421,450
- 1-year price change: +$8,110 (+2.0%)
- 5-year price change: +$130,006 (+44.6%)
- Metro area: Brookings, SD

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#31. Sioux Falls

- Typical home value: $325,205
- 1-year price change: +$8,128 (+2.6%)
- 5-year price change: +$100,538 (+44.7%)
- Metro area: Sioux Falls, SD

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#30. Custer

- Typical home value: $449,632
- 1-year price change: +$8,439 (+1.9%)
- 5-year price change: +$172,120 (+62.0%)
- Metro area: Rapid City, SD

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#29. Yankton

- Typical home value: $260,735
- 1-year price change: +$8,574 (+3.4%)
- 5-year price change: +$68,146 (+35.4%)
- Metro area: Yankton, SD

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#28. Deadwood

- Typical home value: $422,225
- 1-year price change: +$8,767 (+2.1%)
- 5-year price change: +$163,458 (+63.2%)
- Metro area: Spearfish, SD

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#27. Hartford

- Typical home value: $403,204
- 1-year price change: +$9,521 (+2.4%)
- 5-year price change: +$129,349 (+47.2%)
- Metro area: Sioux Falls, SD

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#26. Chancellor

- Typical home value: $446,145
- 1-year price change: +$9,939 (+2.3%)
- 5-year price change: +$165,434 (+58.9%)
- Metro area: Sioux Falls, SD

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#25. Frankfort

- Typical home value: $216,192
- 1-year price change: +$9,958 (+4.8%)
- 5-year price change: +$71,241 (+49.1%)
- Metro area: not in a metro area

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#24. Dell Rapids

- Typical home value: $358,011
- 1-year price change: +$10,698 (+3.1%)
- 5-year price change: +$118,181 (+49.3%)
- Metro area: Sioux Falls, SD

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#23. Hot Springs

- Typical home value: $306,172
- 1-year price change: +$10,864 (+3.7%)
- 5-year price change: +$121,132 (+65.5%)
- Metro area: not in a metro area

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#22. Garretson

- Typical home value: $261,296
- 1-year price change: +$10,870 (+4.3%)
- 5-year price change: +$87,901 (+50.7%)
- Metro area: Sioux Falls, SD

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#21. Freeman

- Typical home value: $216,104
- 1-year price change: +$11,025 (+5.4%)
- 5-year price change: +$72,306 (+50.3%)
- Metro area: Sioux Falls, SD

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#20. Brandon

- Typical home value: $380,787
- 1-year price change: +$11,214 (+3.0%)
- 5-year price change: +$115,578 (+43.6%)
- Metro area: Sioux Falls, SD

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#19. Lemmon

- Typical home value: $105,776
- 1-year price change: +$11,566 (+12.3%)
- 5-year price change: data not available
- Metro area: not in a metro area

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#18. Hermosa

- Typical home value: $505,235
- 1-year price change: +$12,087 (+2.5%)
- 5-year price change: +$217,916 (+75.8%)
- Metro area: Rapid City, SD

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#17. Wakonda

- Typical home value: $190,172
- 1-year price change: +$12,356 (+6.9%)
- 5-year price change: +$76,562 (+67.4%)
- Metro area: Vermillion, SD

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#16. Florence

- Typical home value: $510,784
- 1-year price change: +$12,407 (+2.5%)
- 5-year price change: data not available
- Metro area: Watertown, SD

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#15. Baltic

- Typical home value: $368,258
- 1-year price change: +$12,873 (+3.6%)
- 5-year price change: +$129,805 (+54.4%)
- Metro area: Sioux Falls, SD

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#14. Vermillion

- Typical home value: $252,065
- 1-year price change: +$12,969 (+5.4%)
- 5-year price change: +$82,547 (+48.7%)
- Metro area: Vermillion, SD

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#13. Gary

- Typical home value: $419,216
- 1-year price change: +$13,117 (+3.2%)
- 5-year price change: +$142,199 (+51.3%)
- Metro area: not in a metro area

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#12. Spearfish

- Typical home value: $433,992
- 1-year price change: +$13,631 (+3.2%)
- 5-year price change: +$150,763 (+53.2%)
- Metro area: Spearfish, SD

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#11. Montrose

- Typical home value: $382,511
- 1-year price change: +$14,125 (+3.8%)
- 5-year price change: +$133,515 (+53.6%)
- Metro area: Sioux Falls, SD

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#10. New Underwood

- Typical home value: $394,926
- 1-year price change: +$14,199 (+3.7%)
- 5-year price change: +$169,942 (+75.5%)
- Metro area: Rapid City, SD

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#9. Summerset

- Typical home value: $414,925
- 1-year price change: +$14,450 (+3.6%)
- 5-year price change: +$148,383 (+55.7%)
- Metro area: Rapid City, SD

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#8. Colton

- Typical home value: $346,107
- 1-year price change: +$14,459 (+4.4%)
- 5-year price change: +$128,619 (+59.1%)
- Metro area: Sioux Falls, SD

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#7. Valley Springs

- Typical home value: $355,098
- 1-year price change: +$14,631 (+4.3%)
- 5-year price change: +$123,847 (+53.6%)
- Metro area: Sioux Falls, SD

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#6. Lead

- Typical home value: $342,811
- 1-year price change: +$16,336 (+5.0%)
- 5-year price change: +$146,004 (+74.2%)
- Metro area: Spearfish, SD

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#5. Arlington

- Typical home value: $185,235
- 1-year price change: +$16,678 (+9.9%)
- 5-year price change: +$66,680 (+56.2%)
- Metro area: Brookings, SD

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#4. Humboldt

- Typical home value: $381,967
- 1-year price change: +$16,878 (+4.6%)
- 5-year price change: +$145,959 (+61.8%)
- Metro area: Sioux Falls, SD

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#3. Burbank

- Typical home value: $313,844
- 1-year price change: +$16,981 (+5.7%)
- 5-year price change: +$120,228 (+62.1%)
- Metro area: Vermillion, SD

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#2. Platte

- Typical home value: $277,659
- 1-year price change: +$21,522 (+8.4%)
- 5-year price change: +$92,774 (+50.2%)
- Metro area: not in a metro area

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#1. Castlewood

- Typical home value: $476,645
- 1-year price change: +$27,065 (+6.0%)
- 5-year price change: +$198,889 (+71.6%)
- Metro area: Watertown, SD

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