Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$492,902−1.0% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 9% have cut their price
Income needed to buy, per year$106,851About 1.3× the local median income ($80,312): a stretch for a typical household
Days on market77 daysFaster than a year ago: sellers have the edge
Next 12 months+3.7%Zillow expects prices to rise slightly
The typical home in Custer County, SD is worth $492,902, down 1.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $414,071, so the area is 19.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 77 days to sell, listings are down 2% from a year ago, 9% of listings have had a price cut. Zillow expects prices to rise about 3.7% over the next year. A household needs about $106,851 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,312. In the latest IRS figures, 194 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$492,902
Change in 1 year
−1.0%
Overvalued %
+19.0%
Show 7 more
Fair home value
$414,071
Change in 5 years
+27.2%
Zillow forecast, next 12 months
+3.7%
Home value to income
6.1×
Monthly mortgage payment (20% down)
$2,671
Income needed to afford it
$106,851
Property tax rate
0.77%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,242
Market activity
Listings vs a year ago
−1.5%
Days on market
77
Listings with a price cut
9.0%
Show 3 more
Homes for sale
65
Pending sales per 100 listings
18
Asking price per sq ft
$339
People and jobs
Median household income
$80,312
Population change (1 year)
+1.1%
Unemployment rate
2.3%
Show 4 more
Population
9,431
Income adjusted for cost of living
$90,036
Net moves in (IRS)
+194
Cost of living (US = 100)
89.2
Schools, risk and environment
School rating (1 to 10)
6.1
FEMA hazard risk score (0 to 100)
16.3
Unhealthy air days a year
0
Show 4 more
Flood risk score
19.3
Wildfire risk score
94.2
Walkability (1 to 20)
5.8
Road, rail and air noise
54 dB
Questions people ask
Is Custer County, SD overvalued?
Home prices in Custer County, SD are well above what local incomes have historically supported: fair value is about $414,071, so the area is 19.0% overvalued.
Is Custer County, SD a buyer's or seller's market?
Custer County, SD is a balanced market, leaning toward buyers: homes take about 77 days to sell, listings are down 2% from a year ago, 9% of listings have had a price cut.
Are home prices going down in Custer County, SD?
Home values in Custer County, SD are down 1.0% over the last year. Zillow's forecast for the next 12 months is +3.7%.
How much do you need to earn to buy a home in Custer County, SD?
A household needs about $106,851 a year to afford the typical home in Custer County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,312.