Pennington County, SD home prices
Pennington County, SD: the typical home is worth $367,278 as of 2026-05, up +1.8% over the past year and n/a since 2000. Listings run about $249/sq ft…
Pennington County is cooling and overvalued — affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1978: $78,002 → 2026: $367,278 (4.7×) pre-2000 estimated via FHFA index
Market read
At $367,278, homes in Pennington County sit 42% above the South Dakota median ($257,934) and 57% above the US median ($233,954). That ranks #5 of 50 South Dakota counties by price.
Prices are holding steady (+1.8% in the last year) — a balanced market.
Homes here move at a steady pace — a median 46 days on the market, with 14% of listings cutting their asking price.
At 4.9× 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 ~28% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$1,813/mo (P&I, 20% down) vs $1,412/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Custer County, SD ($515,651) · Meade County, SD ($396,878) · Lawrence County, SD ($451,134) · Jackson County, SD ($153,879) · Fall River County, SD ($285,181) · Butte County, SD ($355,089)
Frequently asked questions
What is the average home price in Pennington County, SD?
Are home prices in Pennington County rising or falling?
Is Pennington County affordable?
What is the rental yield in Pennington County?
How fast do homes sell in Pennington County?
| Year | Median home value |
|---|---|
| 2008 | $166,425 |
| 2009 | $166,461 |
| 2010 | $164,869 |
| 2011 | $165,565 |
| 2012 | $169,070 |
| 2013 | $175,216 |
| 2014 | $180,510 |
| 2015 | $186,705 |
| 2016 | $194,437 |
| 2017 | $201,249 |
| 2018 | $210,542 |
| 2019 | $222,342 |
| 2020 | $240,028 |
| 2021 | $277,459 |
| 2022 | $336,783 |
| 2023 | $341,632 |
| 2024 | $350,045 |
| 2025 | $360,261 |