Day County, South Dakota Housing Market

In Day County, South Dakota, the median home value is $173,600, with a median monthly rent of $660. This places Day County at #1727 nationally out of 3134 counties by median home value, and #29 within South Dakota.

Median Home Value $173,600
Median Rent $660/mo
Owner Occupancy 74.6%
Price/Rent Ratio 21.9

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

1,535
jobs (private sector)
  • Avg weekly wage: $950
  • Establishments: 242
  • BLS QCEW, 2025
🏗️

Housing Supply

30
new units authorized (2025)
  • Single-family: 30
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+156
net migration (filers, 2021-2022)
  • Inflow: 2,292 (avg $81,687)
  • Outflow: 2,136 (avg $81,904)
  • IRS Statistics of Income

How Day County Compares

MetricDay CountySouth Dakota AverageU.S. Average
Median Home Value $173,600 $181,021 $227,706
Median Gross Rent $660 $784 $968
Owner Occupancy Rate 74.6% 72.6% 73.3%
Price/Rent Ratio 21.9 19.0 18.7

Market Analysis

The median home value in Day County is 4.1% below the South Dakota state average and 23.8% below the U.S. national average. The median rent of $660/month is 15.8% below the state average.

With a price-to-rent ratio of 21.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Day County has an owner-occupancy rate of 74.6%, 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

CountyStateMedian Home ValueMedian Rent
Linn County Kansas $173,600 $691
Christian County Kentucky $173,600 $1,040
Union County Indiana $173,500 $760
Boone County Nebraska $173,700 $850
Barnes County North Dakota $173,700 $779

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Beadle County $175,100 $879 72.9%
Grant County $171,000 $763 75.6%
Charles Mix County $170,600 $704 72.3%
Kingsbury County $169,500 $685 82.1%
Douglas County $166,900 $877 76.7%

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).