Roberts County, South Dakota Housing Market

In Roberts County, South Dakota, the median home value is $154,500, with a median monthly rent of $658. This places Roberts County at #2154 nationally out of 3134 counties by median home value, and #43 within South Dakota.

Median Home Value $154,500
Median Rent $658/mo
Owner Occupancy 71.2%
Price/Rent Ratio 19.6

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

1,858
jobs (private sector)
  • Avg weekly wage: $866
  • Establishments: 258
  • BLS QCEW, 2025
🏗️

Housing Supply

29
new units authorized (2025)
  • Single-family: 29
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+257
net migration (filers, 2021-2022)
  • Inflow: 3,887 (avg $78,029)
  • Outflow: 3,630 (avg $79,726)
  • IRS Statistics of Income

How Roberts County Compares

MetricRoberts CountySouth Dakota AverageU.S. Average
Median Home Value $154,500 $181,021 $227,706
Median Gross Rent $658 $784 $968
Owner Occupancy Rate 71.2% 72.6% 73.3%
Price/Rent Ratio 19.6 19.0 18.7

Market Analysis

The median home value in Roberts County is 14.7% below the South Dakota state average and 32.1% below the U.S. national average. The median rent of $658/month is 16.1% below the state average.

With a price-to-rent ratio of 19.6, the buy-vs-rent decision in Roberts County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Roberts County has an owner-occupancy rate of 71.2%, 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

CountyStateMedian Home ValueMedian Rent
Laurens County Georgia $154,500 $863
Lee County Illinois $154,600 $894
Henry County Indiana $154,400 $820
Fremont County Iowa $154,400 $746
Scott County Missouri $154,400 $873

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Bennett County $156,400 $617 61.2%
Marshall County $156,500 $752 80.3%
Aurora County $151,900 $747 72.7%
Jerauld County $150,800 $632 84.1%
Clark County $158,400 $782 77.5%

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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).