Spink County, South Dakota home prices
Typical home $171,479 · +11.2% in a year · property tax 1.28%
The typical home in Spink County is worth $171,479, 46% less than the South Dakota typical home ($317,874). Values changed +11.2% in the past year and +37.2% over five years. Homeowners here pay a median 1.28% of their home's value in property tax each year ($2,203 on the typical home), versus 1.04% statewide.
Mortgage on the typical Spink County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,296 | $137,183 | $923 | $0 | $269 | $1,192 | $51,100 |
| 10% down | $17,148 | $154,331 | $1,038 | $64 | $269 | $1,372 | $58,800 |
| 5% down | $8,574 | $162,905 | $1,096 | $68 | $269 | $1,433 | $61,400 |
| 3.5% down (FHA) | $6,002 | $168,373 | $1,133 | $76 | $269 | $1,478 | $63,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.28% 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 |
|---|---|---|---|
| Bon Homme County | $167,171 | +5.6% | 1.27% |
| Perkins County | $158,791 | -0.7% | 1.29% |
| Corson County | $155,734 | +1.3% | 1.45% |
| Beadle County | $190,822 | +3.0% | 1.09% |
| Bennett County | $191,335 | +8.4% | 0.98% |
| Miner County | $191,455 | +0.6% | 0.92% |
| Campbell County | $191,493 | +9.2% | 1.18% |
| Tripp County | $195,710 | +4.6% | 0.95% |
| Clark County | $208,648 | -2.2% | 0.88% |
| Walworth County | $132,385 | -0.0% | 1.31% |
Frequently asked questions
What is the average home price in Spink County, SD?
The typical home value in Spink County is $171,479 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Spink County?
About $51,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Spink County?
The median effective rate is 1.28% of home value a year (Census ACS 2024 5-year estimates).