Codington County, South Dakota home prices
Typical home $335,543 · +3.1% in a year · property tax 0.97%
The typical home in Codington County is worth $335,543, 6% more than the South Dakota typical home ($317,874). Values changed +3.1% in the past year and +18.2% over five years. Homeowners here pay a median 0.97% of their home's value in property tax each year ($3,258 on the typical home), versus 1.04% statewide.
Mortgage on the typical Codington County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $67,109 | $268,435 | $1,806 | $0 | $439 | $2,245 | $96,200 |
| 10% down | $33,554 | $301,989 | $2,031 | $126 | $439 | $2,597 | $111,300 |
| 5% down | $16,777 | $318,766 | $2,144 | $133 | $439 | $2,716 | $116,400 |
| 3.5% down (FHA) | $11,744 | $329,466 | $2,216 | $148 | $439 | $2,804 | $120,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.97% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in South Dakota · part of the Watertown metro area.
South Dakota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hamlin County | $340,142 | +12.2% | 1.11% |
| Brookings County | $327,004 | +6.1% | 1.13% |
| Minnehaha County | $325,224 | +1.3% | 1.14% |
| Moody County | $315,215 | +8.0% | 1.1% |
| Union County | $355,956 | +2.7% | 1.1% |
| Lake County | $312,689 | +2.4% | 1.03% |
| Butte County | $360,624 | +3.7% | 0.93% |
| Pennington County | $363,102 | +1.8% | 1.08% |
| Stanley County | $302,274 | +0.8% | 1.32% |
| Deuel County | $298,508 | +6.2% | 0.82% |
Frequently asked questions
What is the average home price in Codington County, SD?
The typical home value in Codington County is $335,543 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Codington County?
About $96,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Codington County?
The median effective rate is 0.97% of home value a year (Census ACS 2024 5-year estimates).