Housing · Groton

Groton, SD housing market

The median sale price was $140,000 in April 2026.

Home values, sales, trends and how Groton compares with the towns next door — updated as new data is published.

The market right now

Groton at a glance

Median sale price
$140K
April 2026 · Redfin
Homes sold
1
in April

Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Groton in 2025. The last year with any was 2024 (1 new home).

New homes, 2025
0
1 in 2024
2026 so far
0
Jan–Aug
Single-familyTwo or more homes per building2026 so far
051015 2000: 3 homes 2000 2001: 5 homes 2002: 9 homes (5 single-family, 4 in buildings with 2+ homes) 2003: 7 homes 2004: 12 homes 2005: 8 homes 2005 2006: 11 homes 2007: 9 homes 2008: 9 homes 2009: 4 homes 2010: 7 homes 2010 2011: 5 homes 2012: 4 homes 2013: 5 homes 2014: 4 homes 2015: 0 homes 2015 2016: 2 homes 2017: 0 homes 2018: 0 homes 2019: 2 homes 2020: 4 homes 2020 2021: 4 homes 2022: 2 homes 2023: 1 home 2024: 1 home 2025: 0 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents−78
New homes+29

Between the 2010 and 2020 censuses, Groton's population fell by 78 even though 29 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 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
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024110$350,000
2023110$430,000
2022220$850,000
2021440$1.5 million
2020440$1.4 million
2019220$725,000
2018000—
2017000—
2016220$512,000
2015000—
2014440$975,000
2013550$1.7 million
2012440$1 million
2011550$1.4 million
2010770$1 million
2009440$683,000
2008990$1.4 million
2007990$1.4 million
200611110$1.6 million
2005880$1.6 million
200412120$2.2 million
2003770$915,000
2002954$975,000
2001550$620,000
2000330$427,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

2.1 years of income

The typical Groton home costs about 2.1 years of the town's median household income, less than across South Dakota (4.3 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
73.1%
South Dakota: 68.6%
Median tax bill
$2,631
South Dakota: $2,724
Median rent
$981
South Dakota: $946
Typical home built
1975
South Dakota: 1980

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,020

HUD's Fair Market Rent for a two-bedroom in Groton is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Groton pay a median of $981. A two-bedroom takes about 14% of the town's median household income.

1 bedroom
$780
a month, with utilities
2 bedrooms
$1,020
a month, with utilities
3 bedrooms
$1,280
a month, with utilities
Share of income
14%
2 bedrooms ÷ median income

Studio $720 · 4 bedrooms $1,620

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57445; Brown 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, April 2026. 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.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01