Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$251,322+1.0% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$54,481About 0.8× the local median income ($72,516): affordable for a typical household
Days on market48 daysFaster than a year ago: sellers have the edge
The typical home in Davison County, SD is worth $251,322, up 1.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $247,141, so the area is 1.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 48 days to sell, listings are up 3% from a year ago, 14% of listings have had a price cut. A household needs about $54,481 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 $72,516. In the latest IRS figures, 130 more people moved out than in.
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
$251,322
Change in 1 year
+1.0%
Overvalued %
+1.7%
Show 6 more
Fair home value
$247,141
Change in 5 years
+25.3%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,362
Income needed to afford it
$54,481
Property tax rate
1.23%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,087
Market activity
Listings vs a year ago
+2.9%
Days on market
48
Listings with a price cut
14.5%
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Homes for sale
72
Pending sales per 100 listings
3
Asking price per sq ft
$172
People and jobs
Median household income
$72,516
Population change (1 year)
+0.4%
Unemployment rate
0.9%
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Population
20,069
Income adjusted for cost of living
$83,640
Net moves in (IRS)
−130
Cost of living (US = 100)
86.7
Schools, risk and environment
School rating (1 to 10)
8.2
FEMA hazard risk score (0 to 100)
39.2
Flood risk score
35.9
Show 3 more
Wildfire risk score
68.4
Walkability (1 to 20)
8.0
Road, rail and air noise
53 dB
Questions people ask
Is Davison County, SD overvalued?
Home prices in Davison County, SD are slightly above what local incomes have historically supported: fair value is about $247,141, so the area is 1.7% overvalued.
Is Davison County, SD a buyer's or seller's market?
Davison County, SD is a balanced market, leaning toward buyers: homes take about 48 days to sell, listings are up 3% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Davison County, SD?
Home values in Davison County, SD are up 1.0% over the last year.
How much do you need to earn to buy a home in Davison County, SD?
A household needs about $54,481 a year to afford the typical home in Davison County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,516.