Edmunds County, South Dakota Housing Market Prices
Edmunds 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 53% above the South Dakota median More expensive than 70% of counties in South Dakota$141,249
-
Median rent 5% above the South Dakota median More expensive than 91% of counties in South Dakota$991
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Edmunds County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $141,249 | $92,142 | $248,835 |
| Price Trend (Annual %) | -0.7% | -1.1% | 7.5% |
| Median Gross Rent | $991 | $946 | $1,407 |
| Rent Trend (Annual %) | 8.2% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Edmunds County is about 53% higher than in South Dakota. Rent is about 5% higher 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 Edmunds County: home prices fell about 0.7% a year while rent rose about 8.2% a year. That is an unusual pattern worth watching.
Median rent in Edmunds County rose about 103.4% between 2015 and 2024, from $487 to $991. Over the same span, rent in South Dakota rose about 44.4%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Edmunds County.
Buying the median-priced home in Edmunds County costs roughly 11.9 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 Edmunds County. The price-to-rent ratio in South Dakota is about 8.1.
| Metric | Edmunds County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $141,249 | $92,142 | $248,835 |
| Median Household Income | $79,199 | $75,087 | $80,455 |
| Price-to-Income Ratio | 1.8 | 1.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Edmunds County fell about 33.2%, while median household income rose about 59.2% 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 | Edmunds County | South Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.7% | 61.3% | 58.5% |
| Rental Rate | 16.2% | 28.1% | 31.2% |
| Vacancy Rate | 14.1% | 10.5% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Edmunds County has a homeownership rate of 69.7%, higher than the South Dakota average of 61.3%. Its housing vacancy rate is 14.1%, compared with 10.5% in South Dakota.
Housing Stock
| Metric | Edmunds County | South Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1968 | 1980 | 1978 |
| Median Number of Rooms | 6.7 | 5.9 | 5.5 |
The typical housing unit in Edmunds County was built around 1968. On average, 2.4 people live in a home with about 6.7 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Edmunds County, South Dakota.
What is the median home price in Edmunds County, South Dakota?
The median home price in Edmunds County, South Dakota is $141,249, higher than the South Dakota average of $92,142.
What is the average home price in Edmunds County, South Dakota?
The typical home price in Edmunds County, South Dakota, reported as the median sale price, is $141,249. 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 Edmunds County, South Dakota?
The median gross rent in Edmunds County, South Dakota is $991 per month, higher than the South Dakota average of $946.
What was the median gross rent in Edmunds County in 2020?
In 2020, the median gross rent in Edmunds County, South Dakota was $637 per month.
What is the price-to-rent ratio in Edmunds County, South Dakota?
The price-to-rent ratio in Edmunds County, South Dakota is about 11.9, meaning it would take roughly 11.9 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 Edmunds County.
Are home prices or rent rising faster in Edmunds County, South Dakota?
Home prices and rent are moving in opposite directions in Edmunds County: home prices fell about 0.7% a year while rent rose about 8.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Edmunds County, South Dakota?
69.7% of households in Edmunds County, South Dakota own their home, higher than the South Dakota average of 61.3%.
What is the vacancy rate in Edmunds County, South Dakota?
The housing vacancy rate in Edmunds County, South Dakota is 14.1%, 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 →