Chester, SD housing market
The typical Chester home is worth about $390,000, up 5.2% in a year, 21% above the South Dakota typical home.
Home values, sales, trends and how Chester compares with the towns next door — updated as new data is published.
Chester at a glance
Typical home value, 2017–2026
Show as a table
| January | Chester | South Dakota |
|---|---|---|
| 2018 | $195,000 | $195,000 |
| 2019 | $203,000 | $203,000 |
| 2020 | $207,000 | $215,000 |
| 2021 | $241,000 | $235,000 |
| 2022 | $293,000 | $272,000 |
| 2023 | $349,000 | $297,000 |
| 2024 | $358,000 | $301,000 |
| 2025 | $370,000 | $312,000 |
| 2026 | $376,000 | $319,000 |
| August 2026 | $390,000 | $322,000 |
Chester and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Chester | $390K | +5.2% | $1,150 | — | $69,375 |
| Brant Lake | — | — | $1,230 | 1 | $104,318 |
| Franklin | — | +4.9%† | $990 | — | $71,250 |
| Lynn | — | +8%† | $1,020 | — | $91,458 |
| Wentworth | $485K | −2% | $930 | — | $107,212 |
† 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 $1,150
HUD's Fair Market Rent for a two-bedroom in Chester is $1,150 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Chester pay a median of $1,188.
Studio $800 · 4 bedrooms $1,920
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57016, 57017, 57018, 57022, 57075; Sioux Falls, SD HUD Metro FMR Area), 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.