Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$241,790+10.1% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 13% have cut their price
Income needed to buy, per year$52,415About 0.7× the local median income ($77,781): affordable for a typical household
Days on market86 daysSlower than a year ago: buyers have time to negotiate
The typical home in Grant County, SD is worth $241,790, up 10.1% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $256,362, so the area is 5.7% undervalued. It is a balanced market: homes take about 86 days to sell, listings are up 70% from a year ago, 13% of listings have had a price cut. A household needs about $52,415 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 $77,781. In the latest IRS figures, 27 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
$241,790
Change in 1 year
+10.1%
Overvalued %
−5.7%
Show 6 more
Fair home value
$256,362
Change in 5 years
+12.1%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$1,310
Income needed to afford it
$52,415
Property tax rate
0.91%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,179
Market activity
Listings vs a year ago
+70.0%
Days on market
86
Listings with a price cut
12.9%
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Homes for sale
17
Pending sales per 100 listings
29
Asking price per sq ft
$114
People and jobs
Median household income
$77,781
Population change (1 year)
−1.0%
Unemployment rate
2.7%
Show 4 more
Population
7,534
Income adjusted for cost of living
$89,713
Net moves in (IRS)
−27
Cost of living (US = 100)
86.7
Schools, risk and environment
School rating (1 to 10)
7.7
FEMA hazard risk score (0 to 100)
18.9
Flood risk score
17.3
Show 3 more
Wildfire risk score
54.6
Walkability (1 to 20)
5.8
Road, rail and air noise
54 dB
Questions people ask
Is Grant County, SD overvalued?
Home prices in Grant County, SD are slightly below what local incomes have historically supported: fair value is about $256,362, so the area is 5.7% undervalued.
Is Grant County, SD a buyer's or seller's market?
Grant County, SD is a balanced market: homes take about 86 days to sell, listings are up 70% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Grant County, SD?
Home values in Grant County, SD are up 10.1% over the last year.
How much do you need to earn to buy a home in Grant County, SD?
A household needs about $52,415 a year to afford the typical home in Grant County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,781.