Cities with the fastest-growing home prices in South Dakota

Written by:
March 17, 2021
realtor.com

Cities with the fastest-growing home prices in South Dakota

Supply and demand drive the real estate market, affecting everything from building and lot values to availability for buyers and sellers. These forces are usually closely aligned with an area's economy, job market, population, demographics, location, interest rates, and several other constantly evolving factors. The coronavirus put an enormous strain on the economy, but created a real estate boom, driven largely by people buying second homes as vacation properties.

Stacker compiled a list of cities with the fastest growing home prices in South Dakota using data from Zillow. Cities are ranked by the change in Zillow Home Values Index for all homes over the last year as of January 2021. Cities in the 15,000 largest markets in the U.S. were considered. Listings and images are from realtor.com.

Keep reading to see if your home city made the list.

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#30. Yankton

- 1 year home price change: +4.0%
--- #1 fastest growing home prices among cities in Yankton metro area
- 10 year home price change: +45.0%
- Typical home price: $186,643
--- 18.4% less than typical home price in South Dakota

- Pictured: 298 Nottingham Ln, Yankton ($595,000, 5 bedrooms)
2 / 30
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#29. Volga

- 1 year home price change: +4.0%
--- #4 fastest growing home prices among cities in Brookings metro area
- 10 year home price change: +41.2%
- Typical home price: $217,618
--- 4.8% less than typical home price in South Dakota

- Pictured: 1930 Country Club Dr, Brookings ($719,900, 4 bedrooms)
3 / 30
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#28. Jefferson

- 1 year home price change: +4.0%
--- #6 fastest growing home prices among cities in Sioux City metro area
- 10 year home price change: +46.3%
- Typical home price: $286,336
--- 25.3% above typical home price in state

- Pictured: 958 Wynstone Dr, Jefferson ($799,000, 6 bedrooms)
4 / 30
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#27. Belle Fourche

- 1 year home price change: +4.2%
- 10 year home price change: +49.3%
- Typical home price: $175,423
--- 23.3% less than typical home price in South Dakota

- Pictured: 10241 Other, Belle Fourche ($1.6 million, 3 bedrooms)
5 / 30
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#26. Mitchell

- 1 year home price change: +4.2%
--- #1 fastest growing home prices among cities in Mitchell metro area
- 10 year home price change: +43.8%
- Typical home price: $171,347
--- 25.0% less than typical home price in South Dakota

- Pictured: 41290 Rock Creek Dr, Mitchell ($920,000, 6 bedrooms)
6 / 30
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#25. Custer

- 1 year home price change: +4.7%
--- #6 fastest growing home prices among cities in Rapid City metro area
- 10 year home price change: +52.2%
- Typical home price: $249,663
--- 9.2% above typical home price in state

- Pictured: 25211 Highway 385, Custer ($1.4 million, 5 bedrooms)
7 / 30
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#24. Beresford

- 1 year home price change: +4.7%
--- #4 fastest growing home prices among cities in Sioux City metro area
- 10 year home price change: +48.0%
- Typical home price: $194,746
--- 14.8% less than typical home price in South Dakota

- Pictured: 910 Pebble Beach Dr, Beresford ($441,900, 4 bedrooms)
8 / 30
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#23. Webster

- 1 year home price change: +5.0%
- 10 year home price change: data not available
- Typical home price: $103,573
--- 54.7% less than typical home price in South Dakota

- Pictured: 615 W 5th St, Webster ($155,000, 3 bedrooms)
9 / 30
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#22. Watertown

- 1 year home price change: +5.1%
--- #1 fastest growing home prices among cities in Watertown metro area
- 10 year home price change: data not available
- Typical home price: $212,032
--- 7.2% less than typical home price in South Dakota

- Pictured: 2436 S Serenity Dr, Watertown ($1.2 million, 6 bedrooms)
10 / 30
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#21. Hot Springs

- 1 year home price change: +5.1%
- 10 year home price change: +42.8%
- Typical home price: $217,893
--- 4.7% less than typical home price in South Dakota

- Pictured: 12566 Clayton Dr, Hot Springs ($1.3 million, 4 bedrooms)
11 / 30
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#20. Brandon

- 1 year home price change: +5.6%
--- #6 fastest growing home prices among cities in Sioux Falls metro area
- 10 year home price change: +52.4%
- Typical home price: $277,991
--- 21.6% above typical home price in state

- Pictured: 420 E Meadowlark Cir, Brandon ($899,900, 4 bedrooms)
12 / 30
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#19. Elk Point

- 1 year home price change: +5.7%
--- #2 fastest growing home prices among cities in Sioux City metro area
- 10 year home price change: +50.8%
- Typical home price: $195,757
--- 14.4% less than typical home price in South Dakota

- Pictured: 31937 477th Ave, Elk Point ($499,995, 2 bedrooms)
13 / 30
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#18. Hartford

- 1 year home price change: +5.7%
--- #5 fastest growing home prices among cities in Sioux Falls metro area
- 10 year home price change: +65.0%
- Typical home price: $289,014
--- 26.4% above typical home price in state

- Pictured: 1004 Duck Cir, Hartford ($420,000, 3 bedrooms)
14 / 30
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#17. Box Elder

- 1 year home price change: +5.8%
--- #5 fastest growing home prices among cities in Rapid City metro area
- 10 year home price change: +35.4%
- Typical home price: $240,841
--- 5.4% above typical home price in state

- Pictured: 22847 Gateway Dr, Box Elder ($494,900, 3 bedrooms)
15 / 30
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#16. Milbank

- 1 year home price change: +5.8%
- 10 year home price change: data not available
- Typical home price: $98,021
--- 57.1% less than typical home price in South Dakota

- Pictured: 405 W 7th Ave, Milbank ($109,000, 3 bedrooms)
16 / 30
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#15. Colonial Pine Hills

- 1 year home price change: +5.8%
--- #4 fastest growing home prices among cities in Rapid City metro area
- 10 year home price change: +40.3%
- Typical home price: $368,504
--- 61.2% above typical home price in state

- Pictured: 8282 Countryside Blvd, Rapid City ($499,000, 4 bedrooms)
17 / 30
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#14. Redfield

- 1 year home price change: +6.1%
- 10 year home price change: data not available
- Typical home price: $105,617
--- 53.8% less than typical home price in South Dakota

- Pictured: 223 E 4th Ave, Redfield ($135,000, 3 bedrooms)
18 / 30
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#13. Pringle

- 1 year home price change: +6.3%
--- #3 fastest growing home prices among cities in Rapid City metro area
- 10 year home price change: +50.4%
- Typical home price: $151,046
--- 33.9% less than typical home price in South Dakota

- Pictured: 330 Antelope St, Pringle ($149,000, 2 bedrooms)
19 / 30
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#12. Vermillion

- 1 year home price change: +6.4%
--- #1 fastest growing home prices among cities in Vermillion metro area
- 10 year home price change: data not available
- Typical home price: $187,022
--- 18.2% less than typical home price in South Dakota

- Pictured: 45497 River Dr, Vermillion ($540,000, 3 bedrooms)
20 / 30
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#11. Platte

- 1 year home price change: +6.4%
- 10 year home price change: data not available
- Typical home price: $136,596
--- 40.2% less than typical home price in South Dakota

- Pictured: 705 Main St, Geddes ($78,000, 4 bedrooms)
21 / 30
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#10. Garretson

- 1 year home price change: +6.4%
--- #4 fastest growing home prices among cities in Sioux Falls metro area
- 10 year home price change: +64.0%
- Typical home price: $184,996
--- 19.1% less than typical home price in South Dakota

- Pictured: 48044 256th St, Garretson ($595,000, 5 bedrooms)
22 / 30
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#9. Madison

- 1 year home price change: +6.4%
- 10 year home price change: data not available
- Typical home price: $162,659
--- 28.8% less than typical home price in South Dakota

- Pictured: 45080 233rd St, Madison ($374,900, 5 bedrooms)
23 / 30
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#8. De Smet

- 1 year home price change: +6.6%
- 10 year home price change: data not available
- Typical home price: $123,014
--- 46.2% less than typical home price in South Dakota

- Pictured: 602 SD 25 Hwy S, De Smet ($399,900, 5 bedrooms)
24 / 30
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#7. Dell Rapids

- 1 year home price change: +6.7%
--- #3 fastest growing home prices among cities in Sioux Falls metro area
- 10 year home price change: +57.2%
- Typical home price: $252,701
--- 10.5% above typical home price in state

- Pictured: 809 W 3rd St, Dell Rapids ($975,000, 5 bedrooms)
25 / 30
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#6. Rapid City

- 1 year home price change: +6.9%
--- #2 fastest growing home prices among cities in Rapid City metro area
- 10 year home price change: +39.3%
- Typical home price: $227,879
--- 0.3% less than typical home price in South Dakota

- Pictured: 23831 Ranch View Ct, Rapid City ($2.6 million, 4 bedrooms)
26 / 30
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#5. Sioux Falls

- 1 year home price change: +7.2%
--- #2 fastest growing home prices among cities in Sioux Falls metro area
- 10 year home price change: +49.2%
- Typical home price: $239,180
--- 4.6% above typical home price in state

- Pictured: 713 E Silver Pond Pl, Sioux Falls ($2.0 million, 6 bedrooms)
27 / 30
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#4. Flandreau

- 1 year home price change: +7.6%
- 10 year home price change: data not available
- Typical home price: $130,461
--- 42.9% less than typical home price in South Dakota

- Pictured: 105 W Lafayette Ave, Flandreau ($229,000, 2 bedrooms)
28 / 30
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#3. Alcester

- 1 year home price change: +8.1%
--- #1 fastest growing home prices among cities in Sioux City metro area
- 10 year home price change: +65.6%
- Typical home price: $165,256
--- 27.7% less than typical home price in South Dakota

- Pictured: 47612 SD Highway 46, Alcester ($349,900, 3 bedrooms)
29 / 30
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#2. Hill City

- 1 year home price change: +9.5%
--- #1 fastest growing home prices among cities in Rapid City metro area
- 10 year home price change: +35.6%
- Typical home price: $303,971
--- 33.0% above typical home price in state

- Pictured: 200 E Main St, Hill City ($539,000, 6 bedrooms)
30 / 30
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#1. Salem

- 1 year home price change: +10.9%
--- #1 fastest growing home prices among cities in Sioux Falls metro area
- 10 year home price change: +84.9%
- Typical home price: $126,051
--- 44.9% less than typical home price in South Dakota

- Pictured: 351 S Hill St, Salem ($220,000, 4 bedrooms)

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