Meade County, South Dakota Housing Market
In Meade County, South Dakota, the median home value is $310,900, with a median monthly rent of $1,264. This places Meade County at #569 nationally out of 3134 counties by median home value, and #4 within South Dakota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,025
- Establishments: 1,035
- BLS QCEW, 2025
Housing Supply
- Single-family: 135
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,401 (avg $76,528)
- Outflow: 11,742 (avg $78,317)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Meade County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 57718 | 345.6 | +14.70% | 2025 |
| 2 | 57769 | 320.3 | +4.08% | 2025 |
| 3 | 57702 | 316.2 | +1.15% | 2025 |
| 4 | 57701 | 321.9 | +3.64% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Meade County on Our Sister Sites
Get the complete picture for Meade County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Meade County Compares
| Metric | Meade County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $310,900 | $181,021 | $227,706 |
| Median Gross Rent | $1,264 | $784 | $968 |
| Owner Occupancy Rate | 72.9% | 72.6% | 73.3% |
| Price/Rent Ratio | 20.5 | 19.0 | 18.7 |
Market Analysis
The median home value in Meade County is 71.7% above the South Dakota state average and 36.5% above the U.S. national average. The median rent of $1,264/month is 61.2% above the state average.
With a price-to-rent ratio of 20.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Meade County has an owner-occupancy rate of 72.9%, compared to 72.6% in South Dakota and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Madison County | Mississippi | $311,100 | $1,186 |
| Sevier County | Utah | $311,200 | $912 |
| Bay County | Florida | $310,500 | $1,484 |
| Hancock County | Maine | $310,400 | $1,061 |
| Gloucester County | New Jersey | $310,400 | $1,531 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pennington County | $302,200 | $1,120 | 69.3% |
| Union County | $301,100 | $1,069 | 73.1% |
| Minnehaha County | $287,600 | $978 | 63.1% |
| Lawrence County | $346,500 | $938 | 65.1% |
| Lincoln County | $348,300 | $1,260 | 71.2% |
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).