Kingsbury County, South Dakota Housing Market

In Kingsbury County, South Dakota, the median home value is $169,500, with a median monthly rent of $685. This places Kingsbury County at #1812 nationally out of 3134 counties by median home value, and #32 within South Dakota.

Median Home Value $169,500
Median Rent $685/mo
Owner Occupancy 82.1%
Price/Rent Ratio 20.6

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

1,374
jobs (private sector)
  • Avg weekly wage: $1,033
  • Establishments: 236
  • BLS QCEW, 2025
🏗️

Housing Supply

18
new units authorized (2025)
  • Single-family: 18
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+129
net migration (filers, 2021-2022)
  • Inflow: 2,288 (avg $77,544)
  • Outflow: 2,159 (avg $77,774)
  • IRS Statistics of Income

How Kingsbury County Compares

MetricKingsbury CountySouth Dakota AverageU.S. Average
Median Home Value $169,500 $181,021 $227,706
Median Gross Rent $685 $784 $968
Owner Occupancy Rate 82.1% 72.6% 73.3%
Price/Rent Ratio 20.6 19.0 18.7

Market Analysis

The median home value in Kingsbury County is 6.4% below the South Dakota state average and 25.6% below the U.S. national average. The median rent of $685/month is 12.6% below the state average.

With a price-to-rent ratio of 20.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Kingsbury County has an owner-occupancy rate of 82.1%, 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

CountyStateMedian Home ValueMedian Rent
Union County Florida $169,500 $894
Jefferson County Texas $169,500 $1,117
Greene County Arkansas $169,300 $904
Newton County Arkansas $169,300 $617
Cottonwood County Minnesota $169,300 $817

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Charles Mix County $170,600 $704 72.3%
Grant County $171,000 $763 75.6%
Douglas County $166,900 $877 76.7%
Harding County $166,100 $521 76.5%
Lyman County $165,800 $651 69.9%

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).