Cities with the most expensive homes in South Dakota

·Stacker

Arina P Habich // Shutterstock
Arina P Habich // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 10, the 30-year fixed mortgage rate sits at 6.76%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in South Dakota using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of August 2026. The charts in this story were created automatically using Matplotlib.

Metros with the most cities in the top 30 in South Dakota
#1. Rapid City, SD: 7
#1. Sioux Falls, SD: 7
#3. Watertown, SD: 5
#4. Spearfish, SD: 4
#5. Sioux City, IA-NE-SD: 2
#6. Brookings, SD: 1

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#30. Dell Rapids

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#30. Dell Rapids

- Typical home value: $370,786
- 1-year price change: +4.2%
- 5-year price change: +29.1%
- Metro area: Sioux Falls, SD

#29. Sturgis

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#29. Sturgis

- Typical home value: $376,562
- 1-year price change: +2.2%
- 5-year price change: +26.1%
- Metro area: Rapid City, SD

#28. Baltic

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#28. Baltic

- Typical home value: $376,807
- 1-year price change: +5.3%
- 5-year price change: +30.1%
- Metro area: Sioux Falls, SD

#27. Montrose

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#27. Montrose

- Typical home value: $382,977
- 1-year price change: +6.4%
- 5-year price change: +36.6%
- Metro area: Sioux Falls, SD

#25. Tea

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#25. Tea

- Typical home value: $388,858
- 1-year price change: +0.2%
- 5-year price change: +24.0%
- Metro area: Sioux Falls, SD

#24. Chester

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#24. Chester

- Typical home value: $389,535
- 1-year price change: +5.2%
- 5-year price change: +40.6%
- Metro area: not in a metro area

#23. Eden

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#23. Eden

- Typical home value: $392,190
- 1-year price change: +4.9%
- 5-year price change: +24.4%
- Metro area: not in a metro area

#22. Brandon

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#22. Brandon

- Typical home value: $394,982
- 1-year price change: +2.0%
- 5-year price change: +21.9%
- Metro area: Sioux Falls, SD

#21. Jefferson

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#21. Jefferson

- Typical home value: $399,303
- 1-year price change: +4.4%
- 5-year price change: +24.4%
- Metro area: Sioux City, IA-NE-SD

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#20. Hartford

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#20. Hartford

- Typical home value: $406,386
- 1-year price change: +3.4%
- 5-year price change: +23.5%
- Metro area: Sioux Falls, SD

#19. Chancellor

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#19. Chancellor

- Typical home value: $408,732
- 1-year price change: +1.1%
- 5-year price change: +32.9%
- Metro area: Sioux Falls, SD

#18. Astoria

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#18. Astoria

- Typical home value: $415,825
- 1-year price change: +13.5%
- 5-year price change: +36.2%
- Metro area: Brookings, SD

#17. Whitewood

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#17. Whitewood

- Typical home value: $421,374
- 1-year price change: +0.1%
- 5-year price change: +20.9%
- Metro area: Spearfish, SD

#15. Summerset

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#15. Summerset

- Typical home value: $431,322
- 1-year price change: +1.4%
- 5-year price change: +26.6%
- Metro area: Rapid City, SD

#14. New Underwood

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#14. New Underwood

- Typical home value: $442,394
- 1-year price change: +10.2%
- 5-year price change: +53.9%
- Metro area: Rapid City, SD

#13. Castlewood

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#13. Castlewood

- Typical home value: $442,758
- 1-year price change: -2.1%
- 5-year price change: -5.2%
- Metro area: Watertown, SD

#12. Spearfish

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#12. Spearfish

- Typical home value: $455,619
- 1-year price change: -0.6%
- 5-year price change: +21.2%
- Metro area: Spearfish, SD

#10. Gary

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#10. Gary

- Typical home value: $456,281
- 1-year price change: +11.5%
- 5-year price change: +34.9%
- Metro area: not in a metro area

#9. Goodwin

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#9. Goodwin

- Typical home value: $473,690
- 1-year price change: +7.1%
- 5-year price change: +15.9%
- Metro area: Watertown, SD

#8. Custer

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#8. Custer

- Typical home value: $474,229
- 1-year price change: +1.1%
- 5-year price change: +29.5%
- Metro area: Rapid City, SD

#7. Hill City

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#7. Hill City

- Typical home value: $477,387
- 1-year price change: +2.6%
- 5-year price change: +29.5%
- Metro area: Rapid City, SD

#5. Henry

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#5. Henry

- Typical home value: $513,574
- 1-year price change: -2.9%
- 5-year price change: +18.8%
- Metro area: Watertown, SD

#4. Florence

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#4. Florence

- Typical home value: $525,825
- 1-year price change: +4.2%
- 5-year price change: data not available
- Metro area: Watertown, SD

#3. Hermosa

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#3. Hermosa

- Typical home value: $528,696
- 1-year price change: -0.5%
- 5-year price change: +28.9%
- Metro area: Rapid City, SD

#2. South Shore

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#2. South Shore

- Typical home value: $530,384
- 1-year price change: -6.3%
- 5-year price change: data not available
- Metro area: Watertown, SD