Cities with the most expensive homes in South Dakota
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in South Dakota using data from . Cities are ranked by the Zillow Home Values Index for all homes as of March 2026. The charts in this story were created automatically using .
Metros with the most cities in the top 30 in South Dakota
#1. Rapid City, SD: 8
#2. Sioux Falls, SD: 6
#3. Watertown, SD: 5
#4. Spearfish, SD: 4
#5. Sioux City, IA-NE-SD: 2
#6. Brookings, SD: 1
#30. Baltic
- Typical home value: $362,919
- 1-year price change: +3.6%
- 5-year price change: +41.0%
- Metro area: Sioux Falls, SD
#29. Box Elder
- Typical home value: $367,456
- 1-year price change: +3.2%
- 5-year price change: +40.4%
- Metro area: Rapid City, SD
#28. Chester
- Typical home value: $370,536
- 1-year price change: +4.6%
- 5-year price change: +57.2%
- Metro area: not in a metro area
#27. Sturgis
- Typical home value: $370,733
- 1-year price change: +3.3%
- 5-year price change: +42.7%
- Metro area: Rapid City, SD
#26. Montrose
- Typical home value: $379,955
- 1-year price change: +3.9%
- 5-year price change: +44.7%
- Metro area: Sioux Falls, SD
#25. Lead
- Typical home value: $380,311
- 1-year price change: -2.6%
- 5-year price change: +37.3%
- Metro area: Spearfish, SD
#24. Tea
- Typical home value: $381,056
- 1-year price change: +1.2%
- 5-year price change: +35.4%
- Metro area: Sioux Falls, SD
#23. Brandon
- Typical home value: $387,890
- 1-year price change: +1.3%
- 5-year price change: +32.7%
- Metro area: Sioux Falls, SD
#22. Astoria
- Typical home value: $388,729
- 1-year price change: +12.6%
- 5-year price change: +41.5%
- Metro area: Brookings, SD
#21. Jefferson
- Typical home value: $390,390
- 1-year price change: +4.0%
- 5-year price change: +31.1%
- Metro area: Sioux City, IA-NE-SD
#20. Hartford
- Typical home value: $398,160
- 1-year price change: +3.1%
- 5-year price change: +34.3%
- Metro area: Sioux Falls, SD
#19. Chancellor
- Typical home value: $416,783
- 1-year price change: +4.3%
- 5-year price change: +48.9%
- Metro area: Sioux Falls, SD
#18. Eden
- Typical home value: $417,305
- 1-year price change: +6.6%
- 5-year price change: +36.7%
- Metro area: not in a metro area
#17. North Sioux City
- Typical home value: $418,356
- 1-year price change: +1.7%
- 5-year price change: +21.4%
- Metro area: Sioux City, IA-NE-SD
#16. Summerset
- Typical home value: $424,113
- 1-year price change: +1.1%
- 5-year price change: +39.2%
- Metro area: Rapid City, SD
#15. Whitewood
- Typical home value: $427,665
- 1-year price change: -0.2%
- 5-year price change: +37.0%
- Metro area: Spearfish, SD
#14. Gary
- Typical home value: $451,231
- 1-year price change: +15.4%
- 5-year price change: +48.9%
- Metro area: not in a metro area
#13. Deadwood
- Typical home value: $455,439
- 1-year price change: +0.7%
- 5-year price change: +37.1%
- Metro area: Spearfish, SD
#12. Spearfish
- Typical home value: $456,937
- 1-year price change: +0.2%
- 5-year price change: +34.7%
- Metro area: Spearfish, SD
#11. New Underwood
- Typical home value: $458,884
- 1-year price change: +6.8%
- 5-year price change: +67.1%
- Metro area: Rapid City, SD
#10. Castlewood
- Typical home value: $460,594
- 1-year price change: -8.7%
- 5-year price change: +11.6%
- Metro area: Watertown, SD
#9. Hill City
- Typical home value: $465,830
- 1-year price change: +1.8%
- 5-year price change: +44.3%
- Metro area: Rapid City, SD
#8. Wentworth
- Typical home value: $474,101
- 1-year price change: +2.6%
- 5-year price change: +50.2%
- Metro area: not in a metro area
#7. Goodwin
- Typical home value: $475,881
- 1-year price change: +0.7%
- 5-year price change: +23.9%
- Metro area: Watertown, SD
#6. Custer
- Typical home value: $477,165
- 1-year price change: +2.3%
- 5-year price change: +43.7%
- Metro area: Rapid City, SD
#5. Henry
- Typical home value: $517,481
- 1-year price change: -3.5%
- 5-year price change: +16.1%
- Metro area: Watertown, SD
#4. Florence
- Typical home value: $522,174
- 1-year price change: +2.0%
- 5-year price change: data not available
- Metro area: Watertown, SD
#3. Hermosa
- Typical home value: $530,806
- 1-year price change: +1.9%
- 5-year price change: +46.4%
- Metro area: Rapid City, SD
#2. South Shore
- Typical home value: $570,857
- 1-year price change: -14.4%
- 5-year price change: data not available
- Metro area: Watertown, SD
#1. Keystone
- Typical home value: $626,068
- 1-year price change: +2.1%
- 5-year price change: +47.6%
- Metro area: Rapid City, SD