Buffalo County, South Dakota Housing Market
In Buffalo County, South Dakota, the median home value is $117,800, with a median monthly rent of $540. This places Buffalo County at #2678 nationally out of 3134 counties by median home value, and #56 within South Dakota.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $0
- Establishments: 13
- BLS QCEW, 2025
Migration Patterns
- Inflow: 459 (avg $37,800)
- Outflow: 459 (avg $37,800)
- IRS Statistics of Income
🔗 Explore Buffalo County on Our Sister Sites
Get the complete picture for Buffalo County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Buffalo County Compares
| Metric | Buffalo County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $117,800 | $181,021 | $227,706 |
| Median Gross Rent | $540 | $784 | $968 |
| Owner Occupancy Rate | 52.6% | 72.6% | 73.3% |
| Price/Rent Ratio | 18.2 | 19.0 | 18.7 |
Market Analysis
The median home value in Buffalo County is 34.9% below the South Dakota state average and 48.3% below the U.S. national average. The median rent of $540/month is 31.1% below the state average.
With a price-to-rent ratio of 18.2, the buy-vs-rent decision in Buffalo County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Buffalo County has an owner-occupancy rate of 52.6%, compared to 72.6% in South Dakota and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Adair County | Oklahoma | $117,800 | $667 |
| Crawford County | Indiana | $117,700 | $686 |
| Logan County | Kansas | $117,900 | $840 |
| Coke County | Texas | $117,900 | $729 |
| Braxton County | West Virginia | $117,900 | $606 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jackson County | $117,300 | $442 | 67.3% |
| Campbell County | $115,900 | $760 | 76.3% |
| Perkins County | $114,600 | $738 | 78.4% |
| Potter County | $121,300 | $1,008 | 81.5% |
| Spink County | $123,300 | $734 | 72.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).