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Housing in Hoven

A typical Hoven home is worth roughly $88,000

No new homes were permitted in 2025.

Typical home value
$88K
SD $257K
Estimate
2-bedroom rent
$1,050
a month, utilities in · HUD
Median tax bill
$1,406
SD $2,724

What kind of housing town is Hoven?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Hoven

Try your own numbers below.

You could afford about
$286,000
Typical Hoven home $88K

That covers a typical Hoven home, with $197K to spare.

The typical home, each month
$540
Loan $440Tax $80Insurance $30

A two-bedroom rents for about $1,050 a month here, $510 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the South Dakota typical property tax (1.06% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,050

Fair Market Rent a month, utilities included

Studio$720
1 bedroom$800
2 bedrooms$1,050
3 bedrooms$1,310
4 bedrooms$1,610
21%
of households rent · SD 31%
23
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Potter County, SD): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Hoven in 2025. The last year with any was 2001 (1 new home).

Single-family
01 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−27
New homes+0

Between the 2010 and 2020 censuses, Hoven's population fell by 27 and no new homes were permitted. Across South Dakota: 1.6 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—
2001110$75,000
2000110$75,000

Hoven's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

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

The homes

79% of Hoven households own their home

Half of Hoven’s homes were built before 1971.

Owners and renters
Own 79%Rent 21%

South Dakota: 69% own.

1971
typical home built · SD 1980
$1,406
median property tax bill · SD $2,724
4%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Hoven buyers, sellers and renters are saying.

Town Square →
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Is Hoven still affordable for young families?

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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. 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. The calculator is an estimate, not a loan offer.

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