Custer County, South Dakota Housing Market
In Custer County, South Dakota, the median home value is $372,100, with a median monthly rent of $1,112. This places Custer County at #361 nationally out of 3134 counties by median home value, and #1 within South Dakota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $929
- Establishments: 396
- BLS QCEW, 2025
Housing Supply
- Single-family: 260
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,339 (avg $89,102)
- Outflow: 3,684 (avg $84,733)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Custer County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 57747 | 421.2 | +14.16% | 2025 |
| 2 | 82701 | 272.2 | -8.37% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Custer County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Custer County →How Custer County Compares
| Metric | Custer County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $372,100 | $181,021 | $227,706 |
| Median Gross Rent | $1,112 | $784 | $968 |
| Owner Occupancy Rate | 85.6% | 72.6% | 73.3% |
| Price/Rent Ratio | 27.9 | 19.0 | 18.7 |
Market Analysis
The median home value in Custer County is 105.6% above the South Dakota state average and 63.4% above the U.S. national average. The median rent of $1,112/month is 41.8% above the state average.
With a price-to-rent ratio of 27.9, Custer County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Custer County has an owner-occupancy rate of 85.6%, 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 |
|---|---|---|---|
| Franklin County | Idaho | $372,600 | $894 |
| Lincoln County | Wyoming | $372,600 | $960 |
| Hillsborough County | Florida | $371,500 | $1,667 |
| Transylvania County | North Carolina | $373,600 | $967 |
| Providence County | Rhode Island | $373,600 | $1,312 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lincoln County | $348,300 | $1,260 | 71.2% |
| Lawrence County | $346,500 | $938 | 65.1% |
| Meade County | $310,900 | $1,264 | 72.9% |
| Pennington County | $302,200 | $1,120 | 69.3% |
| Union County | $301,100 | $1,069 | 73.1% |
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).