Lawrence County, South Dakota home prices
Typical home $442,665 · -0.7% in a year · property tax 0.79%
The typical home in Lawrence County is worth $442,665, 39% more than the South Dakota typical home ($317,874). Values changed -0.7% in the past year and +19.0% over five years. Homeowners here pay a median 0.79% of their home's value in property tax each year ($3,506 on the typical home), versus 1.04% statewide.
Mortgage on the typical Lawrence County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $88,533 | $354,132 | $2,382 | $0 | $513 | $2,896 | $124,100 |
| 10% down | $44,267 | $398,399 | $2,680 | $166 | $513 | $3,360 | $144,000 |
| 5% down | $22,133 | $420,532 | $2,829 | $175 | $513 | $3,518 | $150,800 |
| 3.5% down (FHA) | $15,493 | $434,647 | $2,924 | $196 | $513 | $3,633 | $155,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.79% 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 Spearfish metro area.
South Dakota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Meade County | $393,336 | +4.5% | 1.01% |
| Custer County | $492,902 | -1.0% | 0.77% |
| Lincoln County | $381,169 | +0.7% | 1.15% |
| Pennington County | $363,102 | +1.8% | 1.08% |
| Butte County | $360,624 | +3.7% | 0.93% |
| Union County | $355,956 | +2.7% | 1.1% |
| Hamlin County | $340,142 | +12.2% | 1.11% |
| Codington County | $335,543 | +3.1% | 0.97% |
| Brookings County | $327,004 | +6.1% | 1.13% |
| Minnehaha County | $325,224 | +1.3% | 1.14% |
Frequently asked questions
What is the average home price in Lawrence County, SD?
The typical home value in Lawrence County is $442,665 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lawrence County?
About $124,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lawrence County?
The median effective rate is 0.79% of home value a year (Census ACS 2024 5-year estimates).