Edmunds County, South Dakota Housing Market
In Edmunds County, South Dakota, the median home value is $163,300, with a median monthly rent of $992. This places Edmunds County at #1948 nationally out of 3134 counties by median home value, and #37 within South Dakota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2024
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,104
- Establishments: 166
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,487 (avg $104,054)
- Outflow: 1,443 (avg $104,024)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Edmunds County Compares
| Metric | Edmunds County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $163,300 | $181,021 | $227,706 |
| Median Gross Rent | $992 | $784 | $968 |
| Owner Occupancy Rate | 81.1% | 72.6% | 73.3% |
| Price/Rent Ratio | 13.7 | 19.0 | 18.7 |
Market Analysis
The median home value in Edmunds County is 9.8% below the South Dakota state average and 28.3% below the U.S. national average. The median rent of $992/month is 26.5% above the state average.
With a price-to-rent ratio of 13.7, buying a home in Edmunds County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Edmunds County has an owner-occupancy rate of 81.1%, 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 |
|---|---|---|---|
| Marion County | Arkansas | $163,300 | $795 |
| Vermilion Parish | Louisiana | $163,300 | $848 |
| Perry County | Indiana | $163,400 | $682 |
| Jefferson County | Iowa | $163,400 | $883 |
| Russell County | Kentucky | $163,200 | $681 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hutchinson County | $163,000 | $727 | 77.3% |
| Haakon County | $164,200 | $584 | 79.2% |
| Lyman County | $165,800 | $651 | 69.9% |
| Harding County | $166,100 | $521 | 76.5% |
| 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).