Beadle County, South Dakota Housing Market Prices
Beadle County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 20% above the South Dakota median$110,156
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Median rent 7% below the South Dakota median More expensive than 72% of counties in South Dakota$878
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Beadle County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $110,156 | $92,142 | $248,835 |
| Price Trend (Annual %) | 4.2% | -1.1% | 7.5% |
| Median Gross Rent | $878 | $946 | $1,407 |
| Rent Trend (Annual %) | 5.6% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Beadle County is about 20% higher than in South Dakota. Rent is about 7% lower than the South Dakota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Beadle County, up about 4.2% and 5.6% a year respectively. Rent is changing faster.
Median rent in Beadle County rose about 60.2% between 2015 and 2024, from $548 to $878. Over the same span, rent in South Dakota rose about 44.4%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Beadle County.
Buying the median-priced home in Beadle County costs roughly 10.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Beadle County. The price-to-rent ratio in South Dakota is about 8.1.
| Metric | Beadle County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $110,156 | $92,142 | $248,835 |
| Median Household Income | $68,430 | $75,087 | $80,455 |
| Price-to-Income Ratio | 1.6 | 1.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Beadle County rose about 79.6%, while median household income rose about 41.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Beadle County | South Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.8% | 61.3% | 58.5% |
| Rental Rate | 24.1% | 28.1% | 31.2% |
| Vacancy Rate | 11.1% | 10.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Beadle County has a homeownership rate of 64.8%, higher than the South Dakota average of 61.3%. Its housing vacancy rate is 11.1%, compared with 10.5% in South Dakota.
Housing Stock
| Metric | Beadle County | South Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.48 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1963 | 1980 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Beadle County was built around 1963. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Beadle County, South Dakota.
What is the median home price in Beadle County, South Dakota?
The median home price in Beadle County, South Dakota is $110,156, higher than the South Dakota average of $92,142.
What is the average home price in Beadle County, South Dakota?
The typical home price in Beadle County, South Dakota, reported as the median sale price, is $110,156. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Beadle County, South Dakota?
The median gross rent in Beadle County, South Dakota is $878 per month, lower than the South Dakota average of $946.
What was the median gross rent in Beadle County in 2020?
In 2020, the median gross rent in Beadle County, South Dakota was $691 per month.
What is the price-to-rent ratio in Beadle County, South Dakota?
The price-to-rent ratio in Beadle County, South Dakota is about 10.5, meaning it would take roughly 10.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Beadle County.
Are home prices or rent rising faster in Beadle County, South Dakota?
Both home prices and rent are rising in Beadle County, up about 4.2% and 5.6% a year respectively. Rent is changing faster.
What is the homeownership rate in Beadle County, South Dakota?
64.8% of households in Beadle County, South Dakota own their home, higher than the South Dakota average of 61.3%.
What is the vacancy rate in Beadle County, South Dakota?
The housing vacancy rate in Beadle County, South Dakota is 11.1%, higher than the South Dakota average of 10.5%.
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