Day County, South Dakota Housing Market Prices
Day 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.
-
Median home price 86% below the South Dakota median Among the top 5 cheapest counties in South Dakota$13,194
-
Median rent 30% below the South Dakota median Cheaper than 72% of counties in South Dakota$660
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Day County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $13,194 | $92,142 | $248,835 |
| Price Trend (Annual %) | -8.2% | -1.1% | 7.5% |
| Median Gross Rent | $660 | $946 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Day County is about 86% lower than in South Dakota. Rent is about 30% lower than the South Dakota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Day County: home prices fell about 8.2% a year while rent rose about 3.7% a year. That is an unusual pattern worth watching.
Median rent in Day County rose about 36.9% between 2015 and 2024, from $482 to $660. Over the same span, rent in South Dakota rose about 44.4%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Day County.
Buying the median-priced home in Day County costs roughly 1.7 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 Day County. The price-to-rent ratio in South Dakota is about 8.1.
| Metric | Day County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $13,194 | $92,142 | $248,835 |
| Median Household Income | $66,062 | $75,087 | $80,455 |
| Price-to-Income Ratio | 0.2 | 1.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Day County fell about 79.5%, while median household income rose about 68.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Day County | South Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.4% | 61.3% | 58.5% |
| Rental Rate | 17.5% | 28.1% | 31.2% |
| Vacancy Rate | 31.1% | 10.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Day County has a homeownership rate of 51.4%, lower than the South Dakota average of 61.3%. Its housing vacancy rate is 31.1%, compared with 10.5% in South Dakota.
Housing Stock
| Metric | Day County | South Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.24 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1963 | 1980 | 1978 |
| Median Number of Rooms | 5.5 | 5.9 | 5.5 |
The typical housing unit in Day County was built around 1963. On average, 2.2 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Day County, South Dakota.
What is the median home price in Day County, South Dakota?
The median home price in Day County, South Dakota is $13,194, lower than the South Dakota average of $92,142.
What is the average home price in Day County, South Dakota?
The typical home price in Day County, South Dakota, reported as the median sale price, is $13,194. 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 Day County, South Dakota?
The median gross rent in Day County, South Dakota is $660 per month, lower than the South Dakota average of $946.
What was the median gross rent in Day County in 2020?
In 2020, the median gross rent in Day County, South Dakota was $538 per month.
What is the price-to-rent ratio in Day County, South Dakota?
The price-to-rent ratio in Day County, South Dakota is about 1.7, meaning it would take roughly 1.7 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 Day County.
Are home prices or rent rising faster in Day County, South Dakota?
Home prices and rent are moving in opposite directions in Day County: home prices fell about 8.2% a year while rent rose about 3.7% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Day County, South Dakota?
51.4% of households in Day County, South Dakota own their home, lower than the South Dakota average of 61.3%.
What is the vacancy rate in Day County, South Dakota?
The housing vacancy rate in Day County, South Dakota is 31.1%, higher than the South Dakota average of 10.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →