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…
Lake County is cooling and overvalued — very affordable for what people here earn.
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
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 →
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?
Are home prices in Lake County rising or falling?
Is Lake County affordable?
How fast do homes sell in Lake County?
| Year | Median 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 |