Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$381,169+0.7% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 12% have cut their price
Income needed to buy, per year$82,630About 0.8× the local median income ($106,557): affordable for a typical household
Days on market53 daysAbout the same pace as a year ago
Next 12 months+3.0%Zillow expects prices to rise slightly
The typical home in Lincoln County, SD is worth $381,169, up 0.7% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $373,724, so the area is 2.0% overvalued. It is a balanced market: homes take about 53 days to sell, listings are up 9% from a year ago, 12% of listings have had a price cut. Zillow expects prices to rise about 3.0% over the next year. A household needs about $82,630 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 $106,557. Typical rent is $1,351 a month, or $1,904 for a house. In the latest IRS figures, 1,277 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
$381,169
Change in 1 year
+0.7%
Overvalued %
+2.0%
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Fair home value
$373,724
Change in 5 years
+20.4%
Zillow forecast, next 12 months
+3.0%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$2,066
Income needed to afford it
$82,630
Property tax rate
1.15%
Rent and investing
Typical rent
$1,351
Typical rent for houses
$1,904
Price-to-rent ratio
23.5×
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HUD Fair Market Rent, 2 bedrooms
$1,228
Gross rental yield
4.25%
Cap rate (estimate)
2.76%
Market activity
Listings vs a year ago
+8.9%
Days on market
53
Listings with a price cut
12.3%
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Homes for sale
453
Pending sales per 100 listings
28
Asking price per sq ft
$204
People and jobs
Median household income
$106,557
Population change (1 year)
+2.7%
Unemployment rate
1.7%
Show 4 more
Population
77,145
Income adjusted for cost of living
$117,613
Net moves in (IRS)
+1,277
Cost of living (US = 100)
90.6
Schools, risk and environment
School rating (1 to 10)
7.1
FEMA hazard risk score (0 to 100)
63.0
Flood risk score
56.6
Show 3 more
Wildfire risk score
65.1
Walkability (1 to 20)
7.5
Road, rail and air noise
55 dB
Questions people ask
Is Lincoln County, SD overvalued?
Home prices in Lincoln County, SD are slightly above what local incomes have historically supported: fair value is about $373,724, so the area is 2.0% overvalued.
Is Lincoln County, SD a buyer's or seller's market?
Lincoln County, SD is a balanced market: homes take about 53 days to sell, listings are up 9% from a year ago, 12% of listings have had a price cut.
Are home prices going down in Lincoln County, SD?
Home values in Lincoln County, SD are up 0.7% over the last year. Zillow's forecast for the next 12 months is +3.0%.
How much do you need to earn to buy a home in Lincoln County, SD?
A household needs about $82,630 a year to afford the typical home in Lincoln County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $106,557.