Stanley County, South Dakota Housing Market

In Stanley County, South Dakota, the median home value is $203,500, with a median monthly rent of $952. This places Stanley County at #1365 nationally out of 3134 counties by median home value, and #24 within South Dakota.

Median Home Value $203,500
Median Rent $952/mo
Owner Occupancy 83.1%
Price/Rent Ratio 17.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Stanley County fell -5.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,132
jobs (private sector)
  • Avg weekly wage: $928
  • Establishments: 142
  • BLS QCEW, 2025
🏗️

Housing Supply

11
new units authorized (2025)
  • Single-family: 11
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+13
net migration (filers, 2021-2022)
  • Inflow: 1,381 (avg $96,345)
  • Outflow: 1,368 (avg $97,080)
  • IRS Statistics of Income

How Stanley County Compares

MetricStanley CountySouth Dakota AverageU.S. Average
Median Home Value $203,500 $181,021 $227,706
Median Gross Rent $952 $784 $968
Owner Occupancy Rate 83.1% 72.6% 73.3%
Price/Rent Ratio 17.8 19.0 18.7

Market Analysis

The median home value in Stanley County is 12.4% above the South Dakota state average and 10.6% below the U.S. national average. The median rent of $952/month is 21.4% above the state average.

With a price-to-rent ratio of 17.8, the buy-vs-rent decision in Stanley County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Stanley County has an owner-occupancy rate of 83.1%, 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
Cooper County Missouri $203,500 $782
Westmoreland County Pennsylvania $203,500 $879
Gregg County Texas $203,400 $1,102
Sedgwick County Kansas $203,300 $998
Logan County Ohio $203,200 $845

Other Counties in South Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Sully County $205,400 $842 72.8%
Davison County $205,800 $847 61.5%
Deuel County $205,900 $642 82.8%
Hamlin County $208,600 $800 82.0%
Fall River County $193,200 $931 72.4%

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).