Alban, SD housing market
Home prices around Alban have risen about 55% over the past 5 years.
Home values, sales, trends and how Alban compares with the towns next door — updated as new data is published.
Home prices up 55% in 5 years
The federal house price index for the ZIP codes around Alban rose 55% over the past 5 years, faster than across South Dakota (50%). Last year prices rose 5.4%.
Show as a table
| Year | Change that year | Since 2000 | South Dakota since 2000 |
|---|---|---|---|
| 2025 | +5.4% | +187% | +181% |
| 2024 | +8.1% | +172% | +173% |
| 2023 | +9% | +152% | +164% |
| 2022 | +14% | +131% | +145% |
| 2021 | +9.9% | +103% | +109% |
| 2020 | +4.1% | +85% | +88% |
| 2019 | −1.5% | +77% | +83% |
| 2018 | +14% | +80% | +75% |
| 2017 | −2.6% | +58% | +67% |
| 2016 | +4.7% | +62% | +59% |
| 2015 | +2.3% | +55% | +52% |
| 2014 | −0.3% | +51% | +47% |
| 2013 | +4.2% | +52% | +42% |
| 2012 | +1.7% | +45% | +38% |
| 2011 | +1.4% | +43% | +37% |
| 2010 | −2.9% | +41% | +37% |
| 2009 | −0.9% | +45% | +38% |
| 2008 | +2.3% | +47% | +38% |
| 2007 | +3.2% | +43% | +36% |
| 2006 | +12% | +39% | +31% |
| 2005 | +12% | +24% | +25% |
| 2004 | +1.6% | +11% | +17% |
| 2003 | +4.2% | +9.3% | +11% |
| 2002 | +2.5% | +4.9% | +7.9% |
| 2001 | +2.3% | +2.3% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 57252, 57216, covering 81% of Alban’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Alban and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Alban | — | +5.4%† | $930 | — | $106,860 |
| Milbank | $237K | +10.8% | $930 | 9 | $56,011 |
| Grant Center | — | +5.4%† | $930 | — | $70,750 |
| Melrose | — | +5.4%† | $930 | — | $128,841 |
| Vernon | — | +5.4%† | $930 | — | $106,250 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $930
HUD's Fair Market Rent for a two-bedroom in Alban is $930 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $640 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57216, 57252; Grant County, SD), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.