18 South Dakota cities tracked. Sorted by composite momentum score (home prices, rent, population).
The pop-weighted momentum score is 71/100 with median 1-yr of +2.9%. That's broad-based strength across the state's 18 tracked cities — 1 are in the 'Hot' tier. When this many markets move together, the simplest explanation is structural demand.
The bear case is the boring one: the median market is fine but the cycle is real. Watch the cities at the bottom of this state's distribution as the early-warning signal.
Box Elder
pop 13,887Brookings
pop 24,555Vermillion
pop 11,877Tea
pop 7,699Sioux Falls
pop 209,289Rapid City
pop 79,894Harrisburg
pop 10,203Watertown
pop 23,492Spearfish
pop 13,803Aberdeen
pop 27,919Pierre
pop 13,788Sturgis
pop 7,014Huron
pop 14,515Mitchell
pop 15,621Yankton
pop 15,670Madison
pop 6,086Brandon
pop 10,837Belle Fourche
pop 5,855Browse by county
Official state resources
Verified official state sources from our source registry. Opens in a new tab.
Tools for South Dakota
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Cost of living & climate
Humid continental and semi-arid. Hot summers, brutal cold winters. Tornadoes and blizzards.
More: SD taxes · SD best-of