Marshall County, South Dakota Housing Market
In Marshall County, South Dakota, the median home value is $156,500, with a median monthly rent of $752. This places Marshall County at #2102 nationally out of 3134 counties by median home value, and #41 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: $1,131
- Establishments: 189
- BLS QCEW, 2025
Housing Supply
- Single-family: 11
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,711 (avg $78,982)
- Outflow: 1,594 (avg $78,820)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Marshall County Compares
| Metric | Marshall County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $156,500 | $181,021 | $227,706 |
| Median Gross Rent | $752 | $784 | $968 |
| Owner Occupancy Rate | 80.3% | 72.6% | 73.3% |
| Price/Rent Ratio | 17.3 | 19.0 | 18.7 |
Market Analysis
The median home value in Marshall County is 13.5% below the South Dakota state average and 31.3% below the U.S. national average. The median rent of $752/month is 4.1% below the state average.
With a price-to-rent ratio of 17.3, the buy-vs-rent decision in Marshall County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Marshall County has an owner-occupancy rate of 80.3%, 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 |
|---|---|---|---|
| Fulton County | Indiana | $156,500 | $839 |
| Carroll County | Virginia | $156,500 | $738 |
| Calhoun County | Alabama | $156,600 | $826 |
| Williamson County | Illinois | $156,400 | $930 |
| Pulaski County | Indiana | $156,400 | $772 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bennett County | $156,400 | $617 | 61.2% |
| Clark County | $158,400 | $782 | 77.5% |
| Roberts County | $154,500 | $658 | 71.2% |
| Hand County | $159,300 | $587 | 65.5% |
| Aurora County | $151,900 | $747 | 72.7% |
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).