Gary, SD housing market
The typical Gary home is worth about $456,000, up 11.5% in a year, 42% above the South Dakota typical home.
Home values, sales, trends and how Gary compares with the towns next door — updated as new data is published.
Gary at a glance
Typical home value, 2018–2026
Show as a table
| January | Gary | South Dakota |
|---|---|---|
| 2019 | $248,000 | $203,000 |
| 2020 | $261,000 | $215,000 |
| 2021 | $299,000 | $235,000 |
| 2022 | $345,000 | $272,000 |
| 2023 | $382,000 | $297,000 |
| 2024 | $373,000 | $301,000 |
| 2025 | $392,000 | $312,000 |
| 2026 | $444,000 | $319,000 |
| August 2026 | $456,000 | $322,000 |
No new homes permitted in 2025
No permits for new homes were issued in Gary in 2025. The last year with any was 2024 (2 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Gary gained 13 residents while 4 new homes were permitted: about 3.3 new residents per new home. Building and growth moved roughly in step. Across South Dakota: 1.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $321,000 |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 2 | 2 | 0 | $641,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 2 | 2 | 0 | $547,000 |
| 2021 | 1 | 1 | 0 | $245,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $160,000 |
| 2012 | 1 | 1 | 0 | $100,000 |
| 2011 | 1 | 1 | 0 | $135,000 |
| 2010 | 1 | 1 | 0 | $180,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 2 | 2 | 0 | $75,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Gary and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Gary | $456K | +11.5% | $1,070 | 0 | $51,875 |
| Florida | — | −2.8%† | $970 | — | $57,188 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,070
HUD's Fair Market Rent for a two-bedroom in Gary is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $740 · 4 bedrooms $1,600
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57237; Deuel 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, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.