Cheapest Cities in South Dakota 2026 | Most Affordable Places to Buy

All Affordable Cities in South Dakota

#	City	Median Price	Days on Market	Months Supply	YoY Change
1	Deadwood	$1K	26 days	15.0 mo	N/A
2	Hosmer	$13K	33 days	—	N/A
3	Westport	$19K	110 days	—	N/A
4	Ferney	$22K	45 days	—	N/A
5	Monroe	$30K	90 days	—	N/A
6	Bruce	$32K	97 days	—	N/A
7	Stratford	$35K	189 days	—	N/A
8	Claremont	$40K	147 days	—	N/A
9	Wessington	$50K	147 days	—	N/A
10	Hazel	$52K	53 days	—	N/A
11	Ipswich	$55K	705 days	5.0 mo	N/A
12	Hitchcock	$60K	80 days	—	N/A
13	Harrold	$60K	193 days	—	N/A
14	Wakonda	$60K	87 days	1.0 mo	N/A
15	Yale	$62K	82 days	—	N/A
16	Marion	$63K	155 days	1.0 mo	N/A
17	Wallace	$65K	141 days	—	N/A
18	Hecla	$67K	24 days	—	N/A
19	Fulton	$68K	20 days	—	N/A
20	Bowdle	$70K	180 days	1.0 mo	N/A
21	Alpena	$73K	70 days	—	N/A
22	Columbia	$75K	10 days	—	N/A
23	Utica	$75K	85 days	—	N/A
24	Sherman	$80K	174 days	—	N/A
25	Irene	$82K	6 days	2.0 mo	N/A
26	Mount Vernon	$85K	31 days	1.0 mo	N/A
27	Ethan	$95K	193 days	—	N/A
28	Sinai	$97K	31 days	—	N/A
29	Lake Norden	$98K	373 days	2.0 mo	N/A
30	Loomis	$110K	24 days	—	N/A
31	Richland	$110K	3 days	—	N/A
32	Parker	$120K	53 days	0.3 mo	N/A
33	Spencer	$120K	49 days	0.5 mo	N/A
34	Meckling	$125K	2 days	—	N/A
35	Humboldt	$128K	8 days	4.0 mo	N/A
36	Mansfield	$128K	2 days	—	N/A
37	Estelline	$128K	3 days	2.0 mo	N/A
38	Wessington Springs	$128K	70 days	5.0 mo	N/A
39	Blunt	$129K	79 days	—	N/A
40	Central City	$130K	281 days	—	N/A
41	Roscoe	$130K	7 days	1.0 mo	N/A
42	Lesterville	$135K	9 days	—	N/A
43	Volin	$138K	45 days	0.5 mo	N/A
44	Wolsey	$142K	82 days	1.0 mo	N/A
45	Lyons	$145K	59 days	—	N/A
46	Bryant	$146K	34 days	—	N/A
47	Vermillion	$150K	74 days	7.0 mo	N/A
48	Faith	$153K	257 days	—	N/A
49	Alcester	$155K	4 days	4.0 mo	N/A
50	Bushnell	$158K	243 days	—	N/A
51	Huron	$159K	78 days	1.3 mo	-31.0%
52	Bath Corner	$160K	57 days	—	N/A
53	Gayville	$162K	18 days	—	N/A
54	Burbank	$165K	43 days	—	N/A
55	Hayti	$166K	70 days	2.0 mo	N/A
56	South Shore	$170K	37 days	1.0 mo	N/A
57	Volga	$170K	11 days	—	N/A
58	Florence	$171K	48 days	1.0 mo	N/A
59	Emery	$185K	9 days	—	N/A
60	Henry	$186K	1 days	—	N/A
61	Waverly	$188K	58 days	—	N/A
62	Colton	$190K	1 days	—	N/A
63	Salem	$190K	125 days	2.5 mo	N/A
64	Bridgewater	$193K	12 days	0.5 mo	N/A
65	Wasta	$199K	50 days	1.0 mo	N/A
66	Frederick	$200K	226 days	1.0 mo	N/A
67	Farmer	$208K	41 days	—	N/A
68	Davis	$210K	38 days	—	N/A
69	Centerville	$212K	83 days	3.5 mo	N/A
70	Fairview	$215K	3 days	—	N/A
71	Garretson	$218K	84 days	1.0 mo	N/A
72	Alexandria	$220K	200 days	—	N/A
73	Hurley	$220K	10 days	1.0 mo	N/A
74	Renner Corner	$225K	3 days	—	N/A
75	Cavour	$230K	751 days	—	N/A
76	Mission Hill	$235K	17 days	1.0 mo	N/A
77	Canton	$236K	36 days	1.2 mo	N/A
78	Hudson	$240K	216 days	1.0 mo	N/A
79	Lead	$241K	112 days	15.5 mo	N/A
80	Aurora	$245K	33 days	—	N/A
81	Bath	$245K	79 days	—	N/A
82	Lane	$245K	2125 days	—	N/A
83	Whitewood	$248K	631 days	4.0 mo	N/A
84	Elkton	$250K	39 days	—	N/A
85	Morningside	$250K	14 days	—	N/A
86	Blackhawk	$254K	92 days	3.0 mo	N/A
87	Hartford	$255K	16 days	8.0 mo	N/A
88	Aberdeen	$258K	77 days	3.1 mo	+24.2%
89	Brookings	$265K	124 days	1.0 mo	N/A
90	Pierre	$265K	42 days	4.4 mo	-10.2%
91	Mitchell	$266K	27 days	3.8 mo	+29.8%
92	Warner	$280K	8 days	1.0 mo	N/A
93	Lennox	$282K	32 days	3.4 mo	+11.2%
94	Rowena	$285K	59 days	—	N/A
95	Watertown	$286K	89 days	3.2 mo	+46.5%
96	Kranzburg	$288K	179 days	—	N/A
97	New Underwood	$289K	41 days	0.3 mo	N/A
98	Ashland Heights	$290K	81 days	1.0 mo	N/A
99	Valley Springs	$290K	15 days	0.3 mo	N/A
100	Jefferson	$299K	4 days	4.0 mo	N/A

Affordable Housing in South Dakota

Looking for affordable housing in South Dakota? We've ranked 100 cities by median home price to help you find budget-friendly options. The most affordable city is Deadwood with a median price of $1K.

Tips for Finding Affordable Homes

Look at smaller cities: Often have lower prices than metro areas
Consider commute times: Suburbs may offer better value
Check market trends: Some affordable areas are appreciating quickly
Work with a local agent: They know hidden gems and upcoming areas

Frequently Asked Questions

What are the cheapest cities to buy a house in South Dakota?

The most affordable cities in South Dakota are listed above, ranked by median home price. These markets offer entry points significantly below the state average, making homeownership accessible for first-time buyers, investors, and those relocating on a budget.

Is it worth buying a cheap house in South Dakota?

Affordable South Dakota cities can offer excellent value, especially for long-term residents and investors. Key factors to evaluate include local job market strength, school quality, crime rates, and future development plans. A local agent can help you distinguish between genuine value and areas with underlying issues.

Why are some South Dakota cities so much cheaper?

Lower home prices in certain South Dakota cities reflect factors like smaller population size, distance from major metro areas, limited amenities, or economic transitions. However, many affordable cities offer strong quality of life, growing economies, and appreciation potential that makes them smart buying opportunities.

What salary do I need to buy a house in South Dakota's cheapest cities?

In South Dakota's most affordable markets, a household income of $40,000-$60,000 may be sufficient to qualify for a mortgage, depending on the specific price point and current interest rates. Use the 28% rule: your monthly housing payment shouldn't exceed 28% of gross monthly income. A local agent and lender can pre-qualify you.

Are cheap houses in South Dakota a good investment?

Affordable properties can be excellent investments, especially in South Dakota cities with growing populations and economies. Look for markets with rising employment, infrastructure investment, and limited new housing supply. These factors often precede price appreciation, turning today's affordable market into tomorrow's growing one.

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Cheapest Cities in South Dakota

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