Jackson County, South Dakota Housing Market Prices
Jackson 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 28% below the South Dakota median$66,666
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Median rent 53% below the South Dakota median Cheapest county in South Dakota$441
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jackson County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $66,666 | $92,142 | $248,835 |
| Price Trend (Annual %) | 208.8% | -1.1% | 7.5% |
| Median Gross Rent | $441 | $946 | $1,407 |
| Rent Trend (Annual %) | 0.1% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jackson County is about 28% lower than in South Dakota. Rent is about 53% lower than the South Dakota average.
Median Home and Rent Price Trends
Median Home Prices, 2016-2021
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Jackson County, up about 208.8% and 0.1% a year respectively. Home prices are changing faster.
Median rent in Jackson County fell about 4.2% between 2015 and 2024, from $460 to $441. Over the same span, rent in South Dakota rose about 44.4%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Jackson County.
Buying the median-priced home in Jackson County costs roughly 12.6 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 Jackson County. The price-to-rent ratio in South Dakota is about 8.1.
| Metric | Jackson County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $66,666 | $92,142 | $248,835 |
| Median Household Income | $35,400 | $75,087 | $80,455 |
| Price-to-Income Ratio | 1.9 | 1.2 | 3.1 |
Home Prices vs Income Over Time
Between 2016 and 2021, the median home price in Jackson County rose about 1233.4%, while median household income fell about 16.6% 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 | Jackson County | South Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.5% | 61.3% | 58.5% |
| Rental Rate | 25.0% | 28.1% | 31.2% |
| Vacancy Rate | 23.6% | 10.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Jackson County has a homeownership rate of 51.5%, lower than the South Dakota average of 61.3%. Its housing vacancy rate is 23.6%, compared with 10.5% in South Dakota.
Housing Stock
| Metric | Jackson County | South Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.32 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1978 | 1980 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Jackson County was built around 1978. On average, 3.3 people live in a home with about 5.8 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Jackson County, South Dakota.
What is the median home price in Jackson County, South Dakota?
The median home price in Jackson County, South Dakota is $66,666, lower than the South Dakota average of $92,142.
What is the average home price in Jackson County, South Dakota?
The typical home price in Jackson County, South Dakota, reported as the median sale price, is $66,666. 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 Jackson County, South Dakota?
The median gross rent in Jackson County, South Dakota is $441 per month, lower than the South Dakota average of $946.
What was the median gross rent in Jackson County in 2020?
In 2020, the median gross rent in Jackson County, South Dakota was $558 per month.
What is the price-to-rent ratio in Jackson County, South Dakota?
The price-to-rent ratio in Jackson County, South Dakota is about 12.6, meaning it would take roughly 12.6 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 Jackson County.
Are home prices or rent rising faster in Jackson County, South Dakota?
Both home prices and rent are rising in Jackson County, up about 208.8% and 0.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jackson County, South Dakota?
51.5% of households in Jackson County, South Dakota own their home, lower than the South Dakota average of 61.3%.
What is the vacancy rate in Jackson County, South Dakota?
The housing vacancy rate in Jackson County, South Dakota is 23.6%, higher than the South Dakota average of 10.5%.
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