Hyde County, South Dakota Housing Market
In Hyde County, South Dakota, the median home value is $181,600, with a median monthly rent of $836. This places Hyde County at #1617 nationally out of 3134 counties by median home value, and #27 within South Dakota.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,172
- Establishments: 67
- BLS QCEW, 2025
Migration Patterns
- Inflow: 498 (avg $67,353)
- Outflow: 498 (avg $67,353)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hyde County Compares
| Metric | Hyde County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $181,600 | $181,021 | $227,706 |
| Median Gross Rent | $836 | $784 | $968 |
| Owner Occupancy Rate | 83.5% | 72.6% | 73.3% |
| Price/Rent Ratio | 18.1 | 19.0 | 18.7 |
Market Analysis
The median home value in Hyde County is about equal to the South Dakota state average and 20.2% below the U.S. national average. The median rent of $836/month is 6.6% above the state average.
With a price-to-rent ratio of 18.1, the buy-vs-rent decision in Hyde County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Hyde County has an owner-occupancy rate of 83.5%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Randolph County | Alabama | $181,600 | $708 |
| Hopewell city | Virginia | $181,600 | $1,106 |
| Custer County | Oklahoma | $181,500 | $824 |
| Liberty County | Texas | $181,700 | $1,044 |
| Baldwin County | Georgia | $181,900 | $923 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Beadle County | $175,100 | $879 | 72.9% |
| Day County | $173,600 | $660 | 74.6% |
| Hanson County | $191,200 | $782 | 89.4% |
| Grant County | $171,000 | $763 | 75.6% |
| Charles Mix County | $170,600 | $704 | 72.3% |
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).