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Jerauld County, SD housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$235,678+4.8% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 50% have cut their price
Income needed to buy, per year$51,090About 0.8× the local median income ($66,644): affordable for a typical household
Days on market43 daysFaster than a year ago: sellers have the edge

The typical home in Jerauld County, SD is worth $235,678, up 4.8% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $261,082, so the area is 9.7% undervalued. It is a buyer's market: homes take about 43 days to sell, listings are up 17% from a year ago, 50% of listings have had a price cut. A household needs about $51,090 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 $66,644. In the latest IRS figures, 6 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K20202025
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$235,678
Change in 1 year+4.8%
Overvalued %−9.7%
Show 6 more
Fair home value$261,082
Change in 5 years−3.9%
Home value to income3.5×
Monthly mortgage payment (20% down)$1,277
Income needed to afford it$51,090
Property tax rate0.84%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,064

Market activity

Listings vs a year ago+16.7%
Days on market43
Listings with a price cut50.0%
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Homes for sale7
Pending sales per 100 listings14
Asking price per sq ft$101

People and jobs

Median household income$66,644
Population change (1 year)−1.2%
Unemployment rate1.7%
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Population1,654
Income adjusted for cost of living$76,867
Net moves in (IRS)+6
Cost of living (US = 100)86.7

Schools, risk and environment

School rating (1 to 10)4.4
FEMA hazard risk score (0 to 100)9.5
Flood risk score8.4
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Wildfire risk score72.7
Walkability (1 to 20)5.7
Road, rail and air noise52 dB

Questions people ask

Is Jerauld County, SD overvalued?
Home prices in Jerauld County, SD are slightly below what local incomes have historically supported: fair value is about $261,082, so the area is 9.7% undervalued.
Is Jerauld County, SD a buyer's or seller's market?
Jerauld County, SD is a buyer's market: homes take about 43 days to sell, listings are up 17% from a year ago, 50% of listings have had a price cut.
Are home prices going down in Jerauld County, SD?
Home values in Jerauld County, SD are up 4.8% over the last year.
How much do you need to earn to buy a home in Jerauld County, SD?
A household needs about $51,090 a year to afford the typical home in Jerauld County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,644.

Nearby and similar counties

ZIP codes in Jerauld County (open on the map)

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