Herreid, SD housing market
The typical Herreid home is worth about $216,000, up 14.8% in a year, 33% below the South Dakota typical home.
Home values, sales, trends and how Herreid compares with the towns next door — updated as new data is published.
Herreid at a glance
Typical home value, 2022–2026
Show as a table
| January | Herreid | South Dakota |
|---|---|---|
| 2023 | $205,000 | $297,000 |
| 2024 | $201,000 | $301,000 |
| 2025 | $210,000 | $312,000 |
| 2026 | $205,000 | $319,000 |
| August 2026 | $216,000 | $322,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Herreid in 2025. Over the past 10 years, Herreid has permitted 3 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Herreid's population fell by 22 even though 9 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
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $365,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 2 | 2 | 0 | $452,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $170,000 |
| 2014 | 2 | 2 | 0 | $389,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 4 | 4 | 0 | $500,000 |
| 2009 | 3 | 3 | 0 | $400,000 |
| 2008 | 1 | 1 | 0 | $115,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 2 | 2 | 0 | $700,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $100,000 |
| 2001 | 1 | 1 | 0 | $100,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
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 $940
HUD's Fair Market Rent for a two-bedroom in Herreid is $940 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Herreid pay a median of $729, so moving in tends to cost more than staying put.
Studio $650 · 4 bedrooms $1,460
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57632; Campbell 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.