Delaware, SD housing market
Home prices around Delaware have risen about 64% over the past 5 years.
Home values, sales, trends and how Delaware compares with the towns next door — updated as new data is published.
Home prices up 64% in 5 years
The federal house price index for the ZIP codes around Delaware rose 64% over the past 5 years, faster than across South Dakota (50%). Last year prices rose 2.7%.
Show as a table
| Year | Change that year | Since 2000 | South Dakota since 2000 |
|---|---|---|---|
| 2025 | +2.7% | +250% | +181% |
| 2024 | +6.5% | +240% | +173% |
| 2023 | +11% | +220% | +164% |
| 2022 | +16% | +187% | +145% |
| 2021 | +16% | +147% | +109% |
| 2020 | +1.1% | +113% | +88% |
| 2019 | +4.8% | +111% | +83% |
| 2018 | +7.1% | +101% | +75% |
| 2017 | +6.6% | +88% | +67% |
| 2016 | +4.5% | +76% | +59% |
| 2015 | +3.4% | +69% | +52% |
| 2014 | +9.8% | +63% | +47% |
| 2013 | +11% | +49% | +42% |
| 2012 | −4.8% | +34% | +38% |
| 2011 | +4.3% | +41% | +37% |
| 2010 | −1.2% | +35% | +37% |
| 2009 | −4.9% | +36% | +38% |
| 2008 | +5.5% | +43% | +38% |
| 2007 | +2.1% | +36% | +36% |
| 2006 | +6.8% | +33% | +31% |
| 2005 | +7.9% | +25% | +25% |
| 2004 | +3.6% | +16% | +17% |
| 2003 | +1% | +12% | +11% |
| 2002 | +3.9% | +10% | +7.9% |
| 2001 | +6.3% | +6.3% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 57014, 57004, 57039, 57077, covering 62% of Delaware’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.
Delaware and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Delaware | +2.7%† | $1,000 | $105,417 |
| Grant | +2.4%† | $1,070 | $107,021 |
| Lincoln | +2.9%† | $1,040 | $107,948 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Delaware is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $730 · 4 bedrooms $1,630
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57004, 57014, 57039, 57077; 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. 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.