Miner County, South Dakota Housing Market

In Miner County, South Dakota, the median home value is $142,600, with a median monthly rent of $644. This places Miner County at #2340 nationally out of 3134 counties by median home value, and #47 within South Dakota.

Median Home Value $142,600
Median Rent $644/mo
Owner Occupancy 84.8%
Price/Rent Ratio 18.5

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

616
jobs (private sector)
  • Avg weekly wage: $923
  • Establishments: 87
  • BLS QCEW, 2025
🏗️

Housing Supply

4
new units authorized (2025)
  • Single-family: 4
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+44
net migration (filers, 2021-2022)
  • Inflow: 904 (avg $84,467)
  • Outflow: 860 (avg $86,502)
  • IRS Statistics of Income

How Miner County Compares

MetricMiner CountySouth Dakota AverageU.S. Average
Median Home Value $142,600 $181,021 $227,706
Median Gross Rent $644 $784 $968
Owner Occupancy Rate 84.8% 72.6% 73.3%
Price/Rent Ratio 18.5 19.0 18.7

Market Analysis

The median home value in Miner County is 21.2% below the South Dakota state average and 37.4% below the U.S. national average. The median rent of $644/month is 17.9% below the state average.

With a price-to-rent ratio of 18.5, the buy-vs-rent decision in Miner County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Miner County has an owner-occupancy rate of 84.8%, 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
Independence County Arkansas $142,600 $845
St. Landry Parish Louisiana $142,500 $748
Monroe County Ohio $142,700 $672
Brunswick County Virginia $142,700 $834
Charlton County Georgia $142,800 $540

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Gregory County $139,900 $614 76.7%
Jones County $139,600 $543 76.3%
Faulk County $147,500 $771 79.6%
Walworth County $136,600 $926 76.2%
Sanborn County $135,600 $725 78.6%

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).