Charles Mix County, South Dakota Housing Market

In Charles Mix County, South Dakota, the median home value is $170,600, with a median monthly rent of $704. This places Charles Mix County at #1796 nationally out of 3134 counties by median home value, and #31 within South Dakota.

Median Home Value $170,600
Median Rent $704/mo
Owner Occupancy 72.3%
Price/Rent Ratio 20.2

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

2,179
jobs (private sector)
  • Avg weekly wage: $955
  • Establishments: 323
  • BLS QCEW, 2025
🏗️

Housing Supply

20
new units authorized (2025)
  • Single-family: 20
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+132
net migration (filers, 2021-2022)
  • Inflow: 2,953 (avg $67,428)
  • Outflow: 2,821 (avg $68,213)
  • IRS Statistics of Income

How Charles Mix County Compares

MetricCharles Mix CountySouth Dakota AverageU.S. Average
Median Home Value $170,600 $181,021 $227,706
Median Gross Rent $704 $784 $968
Owner Occupancy Rate 72.3% 72.6% 73.3%
Price/Rent Ratio 20.2 19.0 18.7

Market Analysis

The median home value in Charles Mix County is 5.8% below the South Dakota state average and 25.1% below the U.S. national average. The median rent of $704/month is 10.2% below the state average.

With a price-to-rent ratio of 20.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Charles Mix County has an owner-occupancy rate of 72.3%, 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

CountyStateMedian Home ValueMedian Rent
Dade County Missouri $170,600 $683
Graham County North Carolina $170,600 $676
Laurens County South Carolina $170,600 $880
Genesee County New York $170,500 $929
Fayette County Ohio $170,700 $822

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Grant County $171,000 $763 75.6%
Kingsbury County $169,500 $685 82.1%
Day County $173,600 $660 74.6%
Douglas County $166,900 $877 76.7%
Harding County $166,100 $521 76.5%

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).