Mellette County, South Dakota Housing Market
In Mellette County, South Dakota, the median home value is $84,100, with a median monthly rent of $708. This places Mellette County at #3057 nationally out of 3134 counties by median home value, and #62 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: $663
- Establishments: 25
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 564 (avg $46,271)
- Outflow: 538 (avg $45,762)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Mellette County Compares
| Metric | Mellette County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $84,100 | $181,021 | $227,706 |
| Median Gross Rent | $708 | $784 | $968 |
| Owner Occupancy Rate | 60.4% | 72.6% | 73.3% |
| Price/Rent Ratio | 9.9 | 19.0 | 18.7 |
Market Analysis
The median home value in Mellette County is 53.5% below the South Dakota state average and 63.1% below the U.S. national average. The median rent of $708/month is 9.7% below the state average.
With a price-to-rent ratio of 9.9, buying a home in Mellette County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Mellette County has an owner-occupancy rate of 60.4%, 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 |
|---|---|---|---|
| McIntosh County | North Dakota | $84,200 | $608 |
| Kusilvak Census Area | Alaska | $84,300 | $833 |
| Lee County | Kentucky | $83,900 | $603 |
| Clinch County | Georgia | $84,400 | $509 |
| Harper County | Kansas | $83,800 | $690 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| McPherson County | $85,600 | $594 | 81.3% |
| Corson County | $69,800 | $496 | 59.1% |
| Dewey County | $69,600 | $692 | 61.2% |
| Ziebach County | $99,600 | $734 | 57.1% |
| Todd County | $53,900 | $532 | 46.3% |
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).