A typical Scotland home is worth roughly $111,000
No new homes were permitted in 2025.
What kind of housing town is Scotland?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.8 years of income
Less than across South Dakota (4.3 years). Try your own numbers below.
That covers a typical Scotland home, with $122K to spare.
A two-bedroom rents for about $930 a month here, $230 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Scotland’s typical property tax (1.30% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $930
Renters already here pay a median of $593, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bon Homme County, SD): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Scotland in 2025. The last year with any was 2021 (2 new homes).
Between the 2010 and 2020 censuses, Scotland's population fell by 56 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.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 2 | 2 | 0 | $475,000 |
| 2020 | 2 | 2 | 0 | $475,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 3 | 1 | 2 | $442,000 |
| 2016 | 1 | 1 | 0 | $300,000 |
| 2015 | 1 | 1 | 0 | $250,000 |
| 2014 | 1 | 1 | 0 | $250,000 |
| 2013 | 1 | 1 | 0 | $250,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 2 | 2 | 0 | $110,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $200,000 |
| 2008 | 1 | 1 | 0 | $240,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 1 | 1 | 0 | $69,000 |
| 2004 | 1 | 1 | 0 | $160,000 |
| 2003 | 1 | 1 | 0 | $35,000 |
| 2002 | 2 | 2 | 0 | $250,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
2 of Scotland’s houses are on the National Register
Half of Scotland’s homes were built before 1957.
South Dakota: 69% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.
Neighbors talk housing
What Scotland buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.