Mortgage Rates in South Dakota
Updated April 2026
Key Mortgage Metrics
Median Home Price
$245,000
30-Year Fixed Rate
6.7%
Property Tax Rate
1.31%
Est. Annual Property Tax
$3,210
Housing Market in South Dakota
The median home price in South Dakota is currently $245,000, with an average 30-year fixed mortgage rate of 6.7%. Property taxes in South Dakota average 1.31% of home value, translating to approximately $3,210 annually on a median-priced home.
Use our mortgage calculator to estimate your monthly payments based on your specific down payment and loan terms.
First-Time Homebuyer Programs
South Dakota offers several programs to help first-time homebuyers:
- South Dakota Housing Development Authority
- Home loan programs
Contact your state housing finance agency for eligibility requirements and application details.
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