Real Estate Price Maphome prices by county

Lake County, SD home prices

Lake County, SD: the typical home is worth $317,100 as of 2026-05, up +2.6% over the past year and n/a since 2000. Listings run about $262/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Lake County is cooling and overvalued — very affordable for what people here earn.

Momentum+2.6%Cooling
Valuation+20%Elevated
Affordability8/10Very affordable
Market73 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1992: $105,774 → 2026: $317,100 (3.0×) pre-2000 estimated via FHFA index

Typical value$317,1002026-05
1-year+2.6%
5-year+47.7%
10-year+118.2%
Since 2000n/a
Population11k2024
Median income$70,1362023 · 4.5× income
New homes/yr302024
Price / sq ft$262listings
Days on market732026-06
Active listings662026-06
Price cuts17%of listings

Market read

At $317,100, homes in Lake County sit 23% above the South Dakota median ($257,934) and 36% above the US median ($233,954). That ranks #12 of 50 South Dakota counties by price.

Prices are holding steady (+2.6% in the last year) — a balanced market.

Homes here take a while to sell — a median 73 days on the market, with 17% of listings cutting their asking price.

At 4.5× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~20% expensive for local incomes and rents.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

🔗 Embed this on your site (free)

Copy-paste to show the live Lake County price card anywhere — includes a link back to the full data:

Nearby counties

Moody County, SD ($303,323) · Miner County, SD ($198,111) · McCook County, SD ($297,373) · Brookings County, SD ($325,891) · Kingsbury County, SD ($257,773) · Minnehaha County, SD ($329,929)

Frequently asked questions

What is the average home price in Lake County, SD?
The typical home in Lake County is worth $317,100 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Lake County rising or falling?
Prices are up +2.6% over the past year and n/a since 2000 — a balanced market.
Is Lake County affordable?
At 4.5× the local median income of $70,136, Lake County is pricier than the typical US county.
How fast do homes sell in Lake County?
Homes here take a median of 73 days to sell, with 17% of listings cutting their asking price.
Median home value by year
YearMedian home value
2016$147,290
2017$156,672
2018$161,663
2019$174,013
2020$175,151
2021$204,047
2022$238,980
2023$276,825
2024$282,071
2025$301,048
2026$314,775