Jerauld County, South Dakota Housing Market
In Jerauld County, South Dakota, the median home value is $150,800, with a median monthly rent of $632. This places Jerauld County at #2225 nationally out of 3134 counties by median home value, and #45 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: $948
- Establishments: 91
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 708 (avg $70,031)
- Outflow: 675 (avg $70,296)
- IRS Statistics of Income
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| Metric | Jerauld County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $150,800 | $181,021 | $227,706 |
| Median Gross Rent | $632 | $784 | $968 |
| Owner Occupancy Rate | 84.1% | 72.6% | 73.3% |
| Price/Rent Ratio | 19.9 | 19.0 | 18.7 |
Market Analysis
The median home value in Jerauld County is 16.7% below the South Dakota state average and 33.8% below the U.S. national average. The median rent of $632/month is 19.4% below the state average.
With a price-to-rent ratio of 19.9, the buy-vs-rent decision in Jerauld County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Jerauld County has an owner-occupancy rate of 84.1%, 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 |
|---|---|---|---|
| Adair County | Kentucky | $150,800 | $771 |
| Jefferson Davis Parish | Louisiana | $150,800 | $848 |
| Uvalde County | Texas | $150,800 | $981 |
| Dawes County | Nebraska | $150,900 | $900 |
| Sampson County | North Carolina | $150,700 | $834 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Aurora County | $151,900 | $747 | 72.7% |
| Faulk County | $147,500 | $771 | 79.6% |
| Roberts County | $154,500 | $658 | 71.2% |
| Bennett County | $156,400 | $617 | 61.2% |
| Marshall County | $156,500 | $752 | 80.3% |
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).