Oglala Lakota County, South Dakota Housing Market
In Oglala Lakota County, South Dakota, the median home value is $52,900, with a median monthly rent of $584. This places Oglala Lakota County at #3132 nationally out of 3134 counties by median home value, and #66 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: $798
- Establishments: 100
- BLS QCEW, 2025
Migration Patterns
- Inflow: 3,738 (avg $39,331)
- Outflow: 3,584 (avg $39,383)
- IRS Statistics of Income
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| Metric | Oglala Lakota County | South Dakota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $52,900 | $181,021 | $227,706 |
| Median Gross Rent | $584 | $784 | $968 |
| Owner Occupancy Rate | 51.5% | 72.6% | 73.3% |
| Price/Rent Ratio | 7.5 | 19.0 | 18.7 |
Market Analysis
The median home value in Oglala Lakota County is 70.8% below the South Dakota state average and 76.8% below the U.S. national average. The median rent of $584/month is 25.5% below the state average.
With a price-to-rent ratio of 7.5, buying a home in Oglala Lakota 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.
Oglala Lakota County has an owner-occupancy rate of 51.5%, 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 |
|---|---|---|---|
| Cochran County | Texas | $53,200 | $697 |
| Todd County | South Dakota | $53,900 | $532 |
| McDowell County | West Virginia | $50,000 | $643 |
| Stonewall County | Texas | $48,600 | $613 |
| Cottle County | Texas | $59,300 | $264 |
Other Counties in South Dakota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Todd County | $53,900 | $532 | 46.3% |
| Dewey County | $69,600 | $692 | 61.2% |
| Corson County | $69,800 | $496 | 59.1% |
| Mellette County | $84,100 | $708 | 60.4% |
| McPherson County | $85,600 | $594 | 81.3% |
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).