Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$442,665−0.7% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$95,961About 1.2× the local median income ($78,721): a stretch for a typical household
Days on market93 daysSlower than a year ago: buyers have time to negotiate
The typical home in Lawrence County, SD is worth $442,665, down 0.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $457,714, so the area is 3.3% undervalued. It is a buyer's market: homes take about 93 days to sell, listings are up 0% from a year ago, 19% of listings have had a price cut. A household needs about $95,961 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 $78,721. Typical rent is $1,489 a month. In the latest IRS figures, 781 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
$442,665
Change in 1 year
−0.7%
Overvalued %
−3.3%
Show 6 more
Fair home value
$457,714
Change in 5 years
+19.0%
Home value to income
5.6×
Monthly mortgage payment (20% down)
$2,399
Income needed to afford it
$95,961
Property tax rate
0.79%
Rent and investing
Typical rent
$1,489
Price-to-rent ratio
24.8×
HUD Fair Market Rent, 2 bedrooms
$1,207
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Gross rental yield
4.04%
Cap rate (estimate)
2.62%
Market activity
Listings vs a year ago
+0.4%
Days on market
93
Listings with a price cut
19.3%
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Homes for sale
241
Pending sales per 100 listings
17
Asking price per sq ft
$311
People and jobs
Median household income
$78,721
Population change (1 year)
+2.6%
Unemployment rate
1.8%
Show 4 more
Population
29,459
Income adjusted for cost of living
$90,797
Net moves in (IRS)
+781
Cost of living (US = 100)
86.7
Schools, risk and environment
School rating (1 to 10)
6.6
FEMA hazard risk score (0 to 100)
49.3
Flood risk score
57.1
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Wildfire risk score
93.2
Walkability (1 to 20)
7.1
Road, rail and air noise
54 dB
Questions people ask
Is Lawrence County, SD overvalued?
Home prices in Lawrence County, SD are slightly below what local incomes have historically supported: fair value is about $457,714, so the area is 3.3% undervalued.
Is Lawrence County, SD a buyer's or seller's market?
Lawrence County, SD is a buyer's market: homes take about 93 days to sell, listings are up 0% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Lawrence County, SD?
Home values in Lawrence County, SD are down 0.7% over the last year.
How much do you need to earn to buy a home in Lawrence County, SD?
A household needs about $95,961 a year to afford the typical home in Lawrence County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,721.