Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$171,479+11.2% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$37,173About 0.6× the local median income ($63,148): affordable for a typical household
Days on market100 daysAbout the same pace as a year ago
The typical home in Spink County, SD is worth $171,479, up 11.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $130,675, so the area is 31.2% overvalued. It is a balanced market, leaning toward sellers: homes take about 100 days to sell, listings are down 18% from a year ago, 19% of listings have had a price cut. A household needs about $37,173 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 $63,148. In the latest IRS figures, 76 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
$171,479
Change in 1 year
+11.2%
Overvalued %
+31.2%
Show 6 more
Fair home value
$130,675
Change in 5 years
+37.2%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$929
Income needed to afford it
$37,173
Property tax rate
1.28%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−17.6%
Days on market
100
Listings with a price cut
19.1%
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Homes for sale
14
Pending sales per 100 listings
14
Asking price per sq ft
$97
People and jobs
Median household income
$63,148
Population change (1 year)
+0.0%
Unemployment rate
1.3%
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Population
6,155
Income adjusted for cost of living
$72,835
Net moves in (IRS)
−76
Cost of living (US = 100)
86.7
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
17.7
Flood risk score
25.3
Show 3 more
Wildfire risk score
66.5
Walkability (1 to 20)
5.5
Road, rail and air noise
53 dB
Questions people ask
Is Spink County, SD overvalued?
Home prices in Spink County, SD are well above what local incomes have historically supported: fair value is about $130,675, so the area is 31.2% overvalued.
Is Spink County, SD a buyer's or seller's market?
Spink County, SD is a balanced market, leaning toward sellers: homes take about 100 days to sell, listings are down 18% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Spink County, SD?
Home values in Spink County, SD are up 11.2% over the last year.
How much do you need to earn to buy a home in Spink County, SD?
A household needs about $37,173 a year to afford the typical home in Spink County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,148.