Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$293,735+3.0% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 9% have cut their price
Income needed to buy, per year$63,676About 0.8× the local median income ($83,936): affordable for a typical household
Days on market62 daysSlower than a year ago: buyers have time to negotiate
The typical home in Hughes County, SD is worth $293,735, up 3.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $266,915, so the area is 10.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 62 days to sell, listings are up 46% from a year ago, 9% of listings have had a price cut. A household needs about $63,676 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 $83,936. Typical rent is $1,275 a month. In the latest IRS figures, 83 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
$293,735
Change in 1 year
+3.0%
Overvalued %
+10.0%
Show 6 more
Fair home value
$266,915
Change in 5 years
+25.0%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,592
Income needed to afford it
$63,676
Property tax rate
1.10%
Rent and investing
Typical rent
$1,275
Price-to-rent ratio
19.2×
HUD Fair Market Rent, 2 bedrooms
$1,194
Show 2 more
Gross rental yield
5.21%
Cap rate (estimate)
3.39%
Market activity
Listings vs a year ago
+45.9%
Days on market
62
Listings with a price cut
9.0%
Show 3 more
Homes for sale
54
Pending sales per 100 listings
30
Asking price per sq ft
$248
People and jobs
Median household income
$83,936
Population change (1 year)
+0.1%
Unemployment rate
1.0%
Show 4 more
Population
17,570
Income adjusted for cost of living
$96,812
Net moves in (IRS)
−83
Cost of living (US = 100)
86.7
Schools, risk and environment
School rating (1 to 10)
7.2
FEMA hazard risk score (0 to 100)
16.5
Unhealthy air days a year
1
Show 4 more
Flood risk score
32.6
Wildfire risk score
77.0
Walkability (1 to 20)
7.7
Road, rail and air noise
52 dB
Questions people ask
Is Hughes County, SD overvalued?
Home prices in Hughes County, SD are slightly above what local incomes have historically supported: fair value is about $266,915, so the area is 10.0% overvalued.
Is Hughes County, SD a buyer's or seller's market?
Hughes County, SD is a balanced market, leaning toward buyers: homes take about 62 days to sell, listings are up 46% from a year ago, 9% of listings have had a price cut.
Are home prices going down in Hughes County, SD?
Home values in Hughes County, SD are up 3.0% over the last year.
How much do you need to earn to buy a home in Hughes County, SD?
A household needs about $63,676 a year to afford the typical home in Hughes County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $83,936.