Davison County, South Dakota Housing Market
In Davison County, South Dakota, the median home value is $205,800, with a median monthly rent of $847. This places Davison County at #1347 nationally out of 3134 counties by median home value, and #22 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: $1,116
- Establishments: 804
- BLS QCEW, 2025
Housing Supply
- Single-family: 40
- Multi-family: 13
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 8,503 (avg $81,433)
- Outflow: 7,937 (avg $83,539)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Davison County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 57301 | 272.5 | +2.11% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Davison County Compares
| Metric | Davison County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $205,800 | $181,021 | $227,706 |
| Median Gross Rent | $847 | $784 | $968 |
| Owner Occupancy Rate | 61.5% | 72.6% | 73.3% |
| Price/Rent Ratio | 20.2 | 19.0 | 18.7 |
Market Analysis
The median home value in Davison County is 13.7% above the South Dakota state average and 9.6% below the U.S. national average. The median rent of $847/month is 8.0% above 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.
Davison County has an owner-occupancy rate of 61.5%, 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 |
|---|---|---|---|
| Clark County | Kentucky | $205,800 | $938 |
| Polk County | Missouri | $205,800 | $814 |
| Grady County | Oklahoma | $205,800 | $883 |
| Douglas County | Wisconsin | $205,800 | $909 |
| Banner County | Nebraska | $205,700 | $975 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Deuel County | $205,900 | $642 | 82.8% |
| Sully County | $205,400 | $842 | 72.8% |
| Stanley County | $203,500 | $952 | 83.1% |
| Hamlin County | $208,600 | $800 | 82.0% |
| Brule County | $216,800 | $835 | 76.4% |
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).