Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$120,312
$565

Housing Market Overview

Metric Jerauld County South Dakota Avg US Average
Median Home Price $120,312 $98,153 $242,182
Price Trend (Annual %) 4.2% -0.4% 8.2%
Median Gross Rent $565 $912 $1,342
Rent Trend (Annual %) 2.3% 4.4% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Jerauld County
South Dakota
United States
Year Jerauld County South Dakota United States
Median Rent Over Time
Jerauld County
South Dakota
United States
Year Jerauld County South Dakota United States

Affordability

On average, housing unit costs 1.6 yearly household incomes in Jerauld County.

Metric Jerauld County South Dakota Avg US Average
Median Home Price $120,312 $98,153 $242,182
Median Household Income $75,077 $72,558 $78,145
Price-to-Income Ratio 1.6 1.4 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Jerauld County South Dakota Avg US Average
Homeownership Rate 70.1% 61.2% 58.2%
Rental Rate 12.5% 27.9% 31.3%
Vacancy Rate 17.4% 10.9% 10.6%
Median Tenure (years) 17.0 15.0 15.0
Median Year Moved In 2009 2011 2011

Housing Stock

Metric Jerauld County South Dakota Avg US Average
Average Household Size 2.18 people 2.42 people 2.54 people
Median Structure Built Year 1956 1978 1978
Median Number of Rooms 5.7 5.9 5.5