Grant County, South Dakota Housing Market
In Grant County, South Dakota, the median home value is $171,000, with a median monthly rent of $763. This places Grant County at #1787 nationally out of 3134 counties by median home value, and #30 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: $1,123
- Establishments: 353
- BLS QCEW, 2025
Housing Supply
- Single-family: 16
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,170 (avg $89,192)
- Outflow: 2,953 (avg $87,916)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Grant County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 57252 | 269.1 | +5.40% | 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.
🔗 Explore Grant County on Our Sister Sites
Get the complete picture for Grant County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Grant County Compares
| Metric | Grant County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $171,000 | $181,021 | $227,706 |
| Median Gross Rent | $763 | $784 | $968 |
| Owner Occupancy Rate | 75.6% | 72.6% | 73.3% |
| Price/Rent Ratio | 18.7 | 19.0 | 18.7 |
Market Analysis
The median home value in Grant County is 5.5% below the South Dakota state average and 24.9% below the U.S. national average. The median rent of $763/month is 2.7% below the state average.
With a price-to-rent ratio of 18.7, the buy-vs-rent decision in Grant County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Grant County has an owner-occupancy rate of 75.6%, 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 |
|---|---|---|---|
| Colbert County | Alabama | $171,000 | $887 |
| Washington County | Florida | $171,000 | $888 |
| Cayuga County | New York | $171,000 | $942 |
| Love County | Oklahoma | $171,000 | $939 |
| Freeborn County | Minnesota | $171,100 | $849 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Charles Mix County | $170,600 | $704 | 72.3% |
| Kingsbury County | $169,500 | $685 | 82.1% |
| Day County | $173,600 | $660 | 74.6% |
| Douglas County | $166,900 | $877 | 76.7% |
| Beadle County | $175,100 | $879 | 72.9% |
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).