Prairiewood, SD housing market
Home prices around Prairiewood have risen about 35% over the past 5 years.
Home values, sales, trends and how Prairiewood compares with the towns next door — updated as new data is published.
Home prices up 35% in 5 years
The federal house price index for the ZIP code around Prairiewood rose 35% over the past 5 years, slower than across South Dakota (50%). Last year prices rose 1.5%.
Show as a table
| Year | Change that year | Since 2000 | South Dakota since 2000 |
|---|---|---|---|
| 2025 | +1.5% | +155% | +181% |
| 2024 | +0.6% | +151% | +173% |
| 2023 | +8.5% | +150% | +164% |
| 2022 | +13% | +130% | +145% |
| 2021 | +7.6% | +104% | +109% |
| 2020 | +0.8% | +89% | +88% |
| 2019 | +3.8% | +88% | +83% |
| 2018 | +1.3% | +81% | +75% |
| 2017 | +3.2% | +78% | +67% |
| 2016 | +4.2% | +73% | +59% |
| 2015 | +2.2% | +66% | +52% |
| 2014 | +0.3% | +62% | +47% |
| 2013 | +2.2% | +62% | +42% |
| 2012 | +3% | +58% | +38% |
| 2011 | +1.8% | +54% | +37% |
| 2010 | −0.3% | +51% | +37% |
| 2009 | +1.4% | +52% | +38% |
| 2008 | +3.3% | +49% | +38% |
| 2007 | +6% | +45% | +36% |
| 2006 | +5.6% | +37% | +31% |
| 2005 | +10% | +29% | +25% |
| 2004 | +8.1% | +18% | +17% |
| 2003 | +2% | +8.8% | +11% |
| 2002 | +3.6% | +6.6% | +7.9% |
| 2001 | +2.9% | +2.9% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 57401, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Prairiewood and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Prairiewood | +1.5%† | $930 | $160,625 |
| Prairiewood Village | +1.5%† | $930 | $160,625 |
| Ordway | +1.5%† | $930 | — |
† FHFA price index change, where Zillow has no home value for the town.
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 $930
HUD's Fair Market Rent for a two-bedroom in Prairiewood is $930 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $650 · 4 bedrooms $1,480
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57401; 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. 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.