Alcester, SD housing market
The typical Alcester home is worth about $302,000, up 4.9% in a year, 6% below the South Dakota typical home.
Home values, sales, trends and how Alcester compares with the towns next door — updated as new data is published.
Alcester at a glance
Typical home value, 2016–2026
Show as a table
| January | Alcester | South Dakota |
|---|---|---|
| 2017 | $148,000 | $186,000 |
| 2018 | $161,000 | $195,000 |
| 2019 | $156,000 | $203,000 |
| 2020 | $181,000 | $215,000 |
| 2021 | $201,000 | $235,000 |
| 2022 | $229,000 | $272,000 |
| 2023 | $263,000 | $297,000 |
| 2024 | $265,000 | $301,000 |
| 2025 | $283,000 | $312,000 |
| 2026 | $301,000 | $319,000 |
| August 2026 | $302,000 | $322,000 |
Alcester and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Alcester | $302K | +4.9% | $980 | $110,156 |
| Prairie | — | +3.1%† | $1,000 | — |
| Virginia | — | +15.5%† | $990 | $110,655 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Alcester is $980 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $680 · 4 bedrooms $1,550
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (51023, 57001, 57034; Sioux City, IA-NE-SD MSA), 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, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.