Todd County, South Dakota Housing Market Prices
Todd 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 1% below the South Dakota median$91,252
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Median rent 44% below the South Dakota median Among the top 5 cheapest counties in South Dakota$532
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Todd County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $91,252 | $92,142 | $248,835 |
| Price Trend (Annual %) | 7.3% | -1.1% | 7.5% |
| Median Gross Rent | $532 | $946 | $1,407 |
| Rent Trend (Annual %) | 2.6% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Todd County is about 1% lower than in South Dakota. Rent is about 44% lower than the South Dakota average.
Median Home and Rent Price Trends
Median Home Prices, 2017-2021
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Todd County, up about 7.3% and 2.6% a year respectively. Home prices are changing faster.
Median rent in Todd County rose about 20.4% between 2015 and 2024, from $442 to $532. Over the same span, rent in South Dakota rose about 44.4%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Todd County.
Buying the median-priced home in Todd County costs roughly 14.3 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 Todd County. The price-to-rent ratio in South Dakota is about 8.1.
| Metric | Todd County | South Dakota Avg | US Average |
|---|---|---|---|
| Median Home Price | $91,252 | $92,142 | $248,835 |
| Median Household Income | $41,983 | $75,087 | $80,455 |
| Price-to-Income Ratio | 2.2 | 1.2 | 3.1 |
Home Prices vs Income Over Time
Between 2017 and 2021, the median home price in Todd County rose about 27.3%, while median household income rose about 22.6% 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 | Todd County | South Dakota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 41.0% | 61.3% | 58.5% |
| Rental Rate | 47.4% | 28.1% | 31.2% |
| Vacancy Rate | 11.6% | 10.5% | 10.2% |
| Median Tenure (years) | 21.0 | 15.0 | 15.0 |
| Median Year Moved In | 2005 | 2011 | 2011 |
Todd County has a homeownership rate of 41.0%, lower than the South Dakota average of 61.3%. Its housing vacancy rate is 11.6%, compared with 10.5% in South Dakota.
Housing Stock
| Metric | Todd County | South Dakota Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.57 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1980 | 1980 | 1978 |
| Median Number of Rooms | 4.9 | 5.9 | 5.5 |
The typical housing unit in Todd County was built around 1980. On average, 3.6 people live in a home with about 4.9 rooms, staying for about 21.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Todd County, South Dakota.
What is the median home price in Todd County, South Dakota?
The median home price in Todd County, South Dakota is $91,252, lower than the South Dakota average of $92,142.
What is the average home price in Todd County, South Dakota?
The typical home price in Todd County, South Dakota, reported as the median sale price, is $91,252. 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 Todd County, South Dakota?
The median gross rent in Todd County, South Dakota is $532 per month, lower than the South Dakota average of $946.
What was the median gross rent in Todd County in 2020?
In 2020, the median gross rent in Todd County, South Dakota was $457 per month.
What is the price-to-rent ratio in Todd County, South Dakota?
The price-to-rent ratio in Todd County, South Dakota is about 14.3, meaning it would take roughly 14.3 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 Todd County.
Are home prices or rent rising faster in Todd County, South Dakota?
Both home prices and rent are rising in Todd County, up about 7.3% and 2.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Todd County, South Dakota?
41.0% of households in Todd County, South Dakota own their home, lower than the South Dakota average of 61.3%.
What is the vacancy rate in Todd County, South Dakota?
The housing vacancy rate in Todd County, South Dakota is 11.6%, higher than the South Dakota average of 10.5%.
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