Davison County, South Dakota home prices
Typical home $251,322 · +1.0% in a year · property tax 1.23%
The typical home in Davison County is worth $251,322, 21% less than the South Dakota typical home ($317,874). Values changed +1.0% in the past year and +25.3% over five years. Homeowners here pay a median 1.23% of their home's value in property tax each year ($3,085 on the typical home), versus 1.04% statewide.
Mortgage on the typical Davison County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $50,264 | $201,058 | $1,353 | $0 | $383 | $1,735 | $74,400 |
| 10% down | $25,132 | $226,190 | $1,522 | $94 | $383 | $1,999 | $85,700 |
| 5% down | $12,566 | $238,756 | $1,606 | $99 | $383 | $2,088 | $89,500 |
| 3.5% down (FHA) | $8,796 | $246,770 | $1,660 | $111 | $383 | $2,154 | $92,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.23% 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 Mitchell metro area.
South Dakota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hand County | $250,964 | +7.9% | 0.89% |
| Brule County | $251,994 | +16.1% | 0.96% |
| Brown County | $244,812 | +5.3% | 1.18% |
| Kingsbury County | $244,163 | +2.4% | 1.01% |
| Grant County | $241,790 | +10.1% | 0.91% |
| Day County | $264,912 | +6.3% | 0.98% |
| Marshall County | $237,533 | +7.1% | 0.87% |
| Sanborn County | $236,814 | +2.8% | 1.17% |
| Jerauld County | $235,678 | +4.8% | 0.84% |
| Sully County | $271,237 | -0.2% | 0.83% |
Frequently asked questions
What is the average home price in Davison County, SD?
The typical home value in Davison County is $251,322 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Davison County?
About $74,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Davison County?
The median effective rate is 1.23% of home value a year (Census ACS 2024 5-year estimates).