Sign inJoin
Housing in Valley

A typical Valley home is worth roughly $282,000

Home prices around Valley have risen about 47% over the past 5 years.

Typical home value
$282K
▲ 4.1% in a year · SD $322K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$3,522
SD $2,724

What kind of housing town is Valley?

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

★ What stands out · The homes

100% of Valley households own their home

Half of Valley’s homes were built before 1965.

Owners and renters
Own 100%

South Dakota: 69% own.

1965
typical home built · SD 1980
$3,522
median property tax bill · SD $2,724

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

Price trend

Home prices up 47% in 5 years

The federal house price index for the ZIP code around Valley rose 47% over the past 5 years, about the same as across South Dakota. Last year prices rose 4.1%.

Valley areaSouth Dakota
0%+50%+100%+150%+200%200020052010201520202025
+4.1%
past year
+47%
past 5 years
+60%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Valley, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

What it takes to buy in Valley

Try your own numbers below.

You could afford about
$286,000
Typical Valley home $282K

That covers a typical Valley home, with $4K to spare.

The typical home, each month
$1,730
Loan $1,400Tax $250Insurance $80

A two-bedroom rents for about $960 a month here, $770 less than owning.

Where your budget reaches nearby

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 $960

Fair Market Rent a month, utilities included

Studio$660
1 bedroom$730
2 bedrooms$960
3 bedrooms$1,250
4 bedrooms$1,480
0%
of households rent · SD 31%

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

Next door

Valley vs. its neighbors

The towns that share a border with Valley. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Valley$282K*+4.1%†$960—$86,406
Huron$181K+3.5%$9609$61,452
Custer—+4.1%†$960—$117,969
Iowa—+4.1%†$960——
Theresa—+4.1%†$960—$92,031

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Valley buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Valley still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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

Post to Valley

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in