Gregory County, South Dakota Housing Market

In Gregory County, South Dakota, the median home value is $139,900, with a median monthly rent of $614. This places Gregory County at #2372 nationally out of 3134 counties by median home value, and #48 within South Dakota.

Median Home Value $139,900
Median Rent $614/mo
Owner Occupancy 76.7%
Price/Rent Ratio 19.0

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

1,330
jobs (private sector)
  • Avg weekly wage: $794
  • Establishments: 202
  • BLS QCEW, 2025
🏗️

Housing Supply

19
new units authorized (2025)
  • Single-family: 19
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
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Migration Patterns

+88
net migration (filers, 2021-2022)
  • Inflow: 1,708 (avg $65,721)
  • Outflow: 1,620 (avg $65,822)
  • IRS Statistics of Income

How Gregory County Compares

MetricGregory CountySouth Dakota AverageU.S. Average
Median Home Value $139,900 $181,021 $227,706
Median Gross Rent $614 $784 $968
Owner Occupancy Rate 76.7% 72.6% 73.3%
Price/Rent Ratio 19.0 19.0 18.7

Market Analysis

The median home value in Gregory County is 22.7% below the South Dakota state average and 38.6% below the U.S. national average. The median rent of $614/month is 21.7% below the state average.

With a price-to-rent ratio of 19.0, the buy-vs-rent decision in Gregory County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Gregory 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
Logan County Arkansas $139,900 $745
Tattnall County Georgia $140,000 $699
Cheyenne County Nebraska $139,700 $821
Nelson County North Dakota $139,700 $582
Jefferson County Pennsylvania $139,700 $750

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Jones County $139,600 $543 76.3%
Miner County $142,600 $644 84.8%
Walworth County $136,600 $926 76.2%
Sanborn County $135,600 $725 78.6%
Bon Homme County $134,100 $646 80.5%

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).