Grant County, South Dakota home prices
Typical home $241,790 · +10.1% in a year · property tax 0.91%
The typical home in Grant County is worth $241,790, 24% less than the South Dakota typical home ($317,874). Values changed +10.1% in the past year and +12.1% over five years. Homeowners here pay a median 0.91% of their home's value in property tax each year ($2,202 on the typical home), versus 1.04% statewide.
Mortgage on the typical Grant County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,358 | $193,432 | $1,301 | $0 | $304 | $1,606 | $68,800 |
| 10% down | $24,179 | $217,611 | $1,464 | $91 | $304 | $1,859 | $79,700 |
| 5% down | $12,090 | $229,701 | $1,545 | $96 | $304 | $1,945 | $83,400 |
| 3.5% down (FHA) | $8,463 | $237,411 | $1,597 | $107 | $304 | $2,008 | $86,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.91% 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 |
|---|---|---|---|
| Kingsbury County | $244,163 | +2.4% | 1.01% |
| Brown County | $244,812 | +5.3% | 1.18% |
| Marshall County | $237,533 | +7.1% | 0.87% |
| Sanborn County | $236,814 | +2.8% | 1.17% |
| Jerauld County | $235,678 | +4.8% | 0.84% |
| Hand County | $250,964 | +7.9% | 0.89% |
| Davison County | $251,322 | +1.0% | 1.23% |
| Brule County | $251,994 | +16.1% | 0.96% |
| Hutchinson County | $230,600 | +10.7% | 1.15% |
| Roberts County | $228,684 | +12.2% | 0.97% |
Frequently asked questions
What is the average home price in Grant County, SD?
The typical home value in Grant County is $241,790 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Grant County?
About $68,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Grant County?
The median effective rate is 0.91% of home value a year (Census ACS 2024 5-year estimates).