Harding County, South Dakota Housing Market

In Harding County, South Dakota, the median home value is $166,100, with a median monthly rent of $521. This places Harding County at #1882 nationally out of 3134 counties by median home value, and #34 within South Dakota.

Median Home Value $166,100
Median Rent $521/mo
Owner Occupancy 76.5%
Price/Rent Ratio 26.6

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

340
jobs (private sector)
  • Avg weekly wage: $1,005
  • Establishments: 54
  • BLS QCEW, 2025
🏗️

Housing Supply

1
new units authorized (2025)
  • Single-family: 1
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+0
net migration (filers, 2021-2022)
  • Inflow: 509 (avg $138,185)
  • Outflow: 509 (avg $138,185)
  • IRS Statistics of Income

How Harding County Compares

MetricHarding CountySouth Dakota AverageU.S. Average
Median Home Value $166,100 $181,021 $227,706
Median Gross Rent $521 $784 $968
Owner Occupancy Rate 76.5% 72.6% 73.3%
Price/Rent Ratio 26.6 19.0 18.7

Market Analysis

The median home value in Harding County is 8.2% below the South Dakota state average and 27.1% below the U.S. national average. The median rent of $521/month is 33.5% below the state average.

With a price-to-rent ratio of 26.6, Harding County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Harding County has an owner-occupancy rate of 76.5%, 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
Lewis County New York $166,100 $837
Ottawa County Kansas $166,000 $809
Dawson County Nebraska $166,200 $925
Renville County North Dakota $166,000 $828
Huron County Ohio $166,000 $848

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Lyman County $165,800 $651 69.9%
Douglas County $166,900 $877 76.7%
Haakon County $164,200 $584 79.2%
Edmunds County $163,300 $992 81.1%
Hutchinson County $163,000 $727 77.3%

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).