Fall River County, South Dakota home prices
Typical home $279,704 · +0.0% in a year · property tax 1%
The typical home in Fall River County is worth $279,704, 12% less than the South Dakota typical home ($317,874). Values changed +0.0% in the past year and +14.0% over five years. Homeowners here pay a median 1% of their home's value in property tax each year ($2,809 on the typical home), versus 1.04% statewide.
Mortgage on the typical Fall River County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $55,941 | $223,763 | $1,505 | $0 | $374 | $1,879 | $80,500 |
| 10% down | $27,970 | $251,734 | $1,693 | $105 | $374 | $2,172 | $93,100 |
| 5% down | $13,985 | $265,719 | $1,788 | $111 | $374 | $2,272 | $97,400 |
| 3.5% down (FHA) | $9,790 | $274,638 | $1,848 | $124 | $374 | $2,345 | $100,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1% 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.
South Dakota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Yankton County | $279,512 | +2.4% | 1.06% |
| Clay County | $283,158 | +2.8% | 1.26% |
| Sully County | $271,237 | -0.2% | 0.83% |
| Charles Mix County | $288,274 | +8.6% | 1.1% |
| McCook County | $290,879 | +5.1% | 1.06% |
| Turner County | $292,101 | -3.5% | 0.98% |
| Hughes County | $293,735 | +3.0% | 1.1% |
| Day County | $264,912 | +6.3% | 0.98% |
| Deuel County | $298,508 | +6.2% | 0.82% |
| Stanley County | $302,274 | +0.8% | 1.32% |
Frequently asked questions
What is the average home price in Fall River County, SD?
The typical home value in Fall River County is $279,704 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Fall River County?
About $80,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Fall River County?
The median effective rate is 1% of home value a year (Census ACS 2024 5-year estimates).