Clark County, South Dakota Housing Market
In Clark County, South Dakota, the median home value is $158,400, with a median monthly rent of $782. This places Clark County at #2059 nationally out of 3134 counties by median home value, and #40 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: $964
- Establishments: 164
- BLS QCEW, 2025
Housing Supply
- Single-family: 12
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,389 (avg $77,904)
- Outflow: 1,313 (avg $80,894)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Clark County Compares
| Metric | Clark County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $158,400 | $181,021 | $227,706 |
| Median Gross Rent | $782 | $784 | $968 |
| Owner Occupancy Rate | 77.5% | 72.6% | 73.3% |
| Price/Rent Ratio | 16.9 | 19.0 | 18.7 |
Market Analysis
The median home value in Clark County is 12.5% below the South Dakota state average and 30.4% below the U.S. national average. The median rent of $782/month is about equal to the state average.
With a price-to-rent ratio of 16.9, the buy-vs-rent decision in Clark County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Clark County has an owner-occupancy rate of 77.5%, compared to 72.6% in South Dakota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Scott County | Indiana | $158,400 | $822 |
| Jackson County | Oklahoma | $158,400 | $842 |
| Tallapoosa County | Alabama | $158,500 | $765 |
| Peoria County | Illinois | $158,500 | $993 |
| Chester County | South Carolina | $158,300 | $853 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hand County | $159,300 | $587 | 65.5% |
| Marshall County | $156,500 | $752 | 80.3% |
| Bennett County | $156,400 | $617 | 61.2% |
| Roberts County | $154,500 | $658 | 71.2% |
| Hutchinson County | $163,000 | $727 | 77.3% |
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).