Cities with the most expensive homes in South Dakota

Written by:
March 20, 2026
Volodymyr Kyrylyuk // Shutterstock

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 $361,371 in February, 0.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.

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 February 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: 9
#2. Sioux Falls, SD: 5
#2. Watertown, SD: 5
#4. Spearfish, SD: 4
#5. Sioux City, IA-NE-SD: 2
#6. Brookings, SD: 1

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#30. Rapid City

- Typical home value: $356,038
- 1-year price change: +2.0%
- 5-year price change: +41.9%
- Metro area: Rapid City, SD

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#29. Box Elder

- Typical home value: $359,031
- 1-year price change: +3.1%
- 5-year price change: +41.9%
- Metro area: Rapid City, SD

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#28. Astoria

- Typical home value: $366,986
- 1-year price change: +11.1%
- 5-year price change: +40.6%
- Metro area: Brookings, SD

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#27. Lead

- Typical home value: $369,374
- 1-year price change: -2.6%
- 5-year price change: +39.6%
- Metro area: Spearfish, SD

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#26. Sturgis

- Typical home value: $369,376
- 1-year price change: +3.5%
- 5-year price change: +44.2%
- Metro area: Rapid City, SD

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#25. Montrose

- Typical home value: $371,821
- 1-year price change: +3.3%
- 5-year price change: +45.1%
- Metro area: Sioux Falls, SD

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#24. Tea

- Typical home value: $375,113
- 1-year price change: +1.4%
- 5-year price change: +37.0%
- Metro area: Sioux Falls, SD

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#23. Jefferson

- Typical home value: $381,889
- 1-year price change: +3.9%
- 5-year price change: +31.8%
- Metro area: Sioux City, IA-NE-SD

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#22. Chester

- Typical home value: $382,279
- 1-year price change: +3.4%
- 5-year price change: +57.1%
- Metro area: not in a metro area

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#21. Brandon

- Typical home value: $384,029
- 1-year price change: +1.1%
- 5-year price change: +34.0%
- Metro area: Sioux Falls, SD

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#20. Hartford

- Typical home value: $389,774
- 1-year price change: +2.7%
- 5-year price change: +36.0%
- Metro area: Sioux Falls, SD

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#19. Eden

- Typical home value: $401,127
- 1-year price change: +6.6%
- 5-year price change: +36.2%
- Metro area: not in a metro area

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#18. Whitewood

- Typical home value: $404,708
- 1-year price change: -0.6%
- 5-year price change: +38.4%
- Metro area: Spearfish, SD

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#17. Chancellor

- Typical home value: $407,565
- 1-year price change: +5.0%
- 5-year price change: +49.6%
- Metro area: Sioux Falls, SD

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#16. North Sioux City

- Typical home value: $414,793
- 1-year price change: +1.4%
- 5-year price change: +22.9%
- Metro area: Sioux City, IA-NE-SD

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#15. Summerset

- Typical home value: $425,283
- 1-year price change: +1.2%
- 5-year price change: +41.3%
- Metro area: Rapid City, SD

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#14. Gary

- Typical home value: $428,590
- 1-year price change: +14.6%
- 5-year price change: +48.5%
- Metro area: not in a metro area

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#13. New Underwood

- Typical home value: $431,727
- 1-year price change: +5.5%
- 5-year price change: +67.7%
- Metro area: Rapid City, SD

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#12. Deadwood

- Typical home value: $437,480
- 1-year price change: +0.3%
- 5-year price change: +39.2%
- Metro area: Spearfish, SD

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#11. Castlewood

- Typical home value: $439,678
- 1-year price change: -9.8%
- 5-year price change: +12.8%
- Metro area: Watertown, SD

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#10. Spearfish

- Typical home value: $448,786
- 1-year price change: +0.4%
- 5-year price change: +36.9%
- Metro area: Spearfish, SD

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#9. Goodwin

- Typical home value: $450,491
- 1-year price change: -0.2%
- 5-year price change: +23.4%
- Metro area: Watertown, SD

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#8. Hill City

- Typical home value: $456,307
- 1-year price change: +1.7%
- 5-year price change: +46.6%
- Metro area: Rapid City, SD

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#7. Custer

- Typical home value: $464,861
- 1-year price change: +2.4%
- 5-year price change: +45.5%
- Metro area: Rapid City, SD

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#6. Wentworth

- Typical home value: $483,817
- 1-year price change: +2.5%
- 5-year price change: +51.2%
- Metro area: not in a metro area

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#5. Henry

- Typical home value: $487,240
- 1-year price change: -3.2%
- 5-year price change: +17.1%
- Metro area: Watertown, SD

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#4. Florence

- Typical home value: $503,980
- 1-year price change: +2.2%
- 5-year price change: data not available
- Metro area: Watertown, SD

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#3. Hermosa

- Typical home value: $518,744
- 1-year price change: +2.0%
- 5-year price change: +49.0%
- Metro area: Rapid City, SD

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#2. South Shore

- Typical home value: $538,150
- 1-year price change: -14.5%
- 5-year price change: data not available
- Metro area: Watertown, SD

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#1. Keystone

- Typical home value: $618,725
- 1-year price change: +2.0%
- 5-year price change: +50.0%
- Metro area: Rapid City, SD

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