Douglas County, South Dakota Housing Market

In Douglas County, South Dakota, the median home value is $166,900, with a median monthly rent of $877. This places Douglas County at #1866 nationally out of 3134 counties by median home value, and #33 within South Dakota.

Median Home Value $166,900
Median Rent $877/mo
Owner Occupancy 76.7%
Price/Rent Ratio 15.9

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

838
jobs (private sector)
  • Avg weekly wage: $957
  • Establishments: 117
  • BLS QCEW, 2025
🏗️

Housing Supply

7
new units authorized (2025)
  • Single-family: 7
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
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Migration Patterns

+41
net migration (filers, 2021-2022)
  • Inflow: 1,122 (avg $76,185)
  • Outflow: 1,081 (avg $77,340)
  • IRS Statistics of Income

How Douglas County Compares

MetricDouglas CountySouth Dakota AverageU.S. Average
Median Home Value $166,900 $181,021 $227,706
Median Gross Rent $877 $784 $968
Owner Occupancy Rate 76.7% 72.6% 73.3%
Price/Rent Ratio 15.9 19.0 18.7

Market Analysis

The median home value in Douglas County is 7.8% below the South Dakota state average and 26.7% below the U.S. national average. The median rent of $877/month is 11.9% above the state average.

With a price-to-rent ratio of 15.9, the buy-vs-rent decision in Douglas County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Douglas County has an owner-occupancy rate of 76.7%, 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
Pulaski County Kentucky $166,900 $803
Somerset County Maine $166,900 $910
George County Mississippi $166,900 $844
Jasper County Missouri $166,900 $973
Rush County Indiana $166,800 $873

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Harding County $166,100 $521 76.5%
Lyman County $165,800 $651 69.9%
Kingsbury County $169,500 $685 82.1%
Haakon County $164,200 $584 79.2%
Edmunds County $163,300 $992 81.1%

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).