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Buffalo County Housing Market

South Dakota · 66 counties · Ranked #394 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$108,000

vs national$108,000 vs $281,900 national

Median Gross Rent

$535/mo

vs national$535 vs $1,163 national

Effective Tax Rate

0.78%

vs national0.78% vs 1.02% national

Median Household Income

$47,000

vs national$47,000 vs $74,755 national

Affordability Ratio

2.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

19.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$843

Tax as % of Home Value

0.78%

Monthly Owner Cost

$328

Renter Income

$41,103

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Buffalo County?

The median home value in Buffalo County is $108,000. This is below the national median of $281,900.

How much is rent in Buffalo County?

The median gross rent in Buffalo County is $535 per month.

What is the property tax rate in Buffalo County?

The effective property tax rate in Buffalo County is 0.78%. The median annual property tax bill is $843.

Is Buffalo County affordable?

With a home-value-to-income ratio of 2.3x, Buffalo County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.