Huron, SD Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Huron, SD Housing Market Trends

With 13,380 people, 5,495 houses or apartments, and a median cost of homes of $131,703, house prices in Huron are solidly below the national average.

Single-family detached homes are the single most common housing type in Huron, accounting for 62.04% of the city's housing units. Other types of housing that are prevalent in Huron include large apartment complexes or high rise apartments ( 19.95%), duplexes, homes converted to apartments or other small apartment buildings ( 10.39%), and a few mobile homes or trailers ( 4.16%).

People in Huron primarily live in small (one, two or no bedroom) single-family detached homes. Huron has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Huron built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Huron built between 1940-1969 ( 30.78%). A lesser amount of the housing stock also hails from before 1939 ( 25.63%). There's also some housing in Huron built between 2000 and later ( 11.34%).

Huron Home Appreciation Rates

Real estate appreciation rates in Huron's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.02% during the period.

NeighborhoodScout's data show that during the latest twelve months, Huron's appreciation rate, at 9.26%, has been at or slightly above the national average. In the latest quarter, Huron's appreciation rate has been 2.22%, which annualizes to a rate of 9.16%.

Relative to South Dakota, our data show that Huron's latest annual appreciation rate is higher than 90% of the other cities and towns in South Dakota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Huron differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huron - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Huron real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$131,703

Huron, SD HOME PRICES

> $1,111,000
0.1%
0.1%
$833,001 - $1,111,000
0.1%
0.1%
$556,001 - $833,000
1.1%
1.1%
$444,001 - $556,000
1.5%
1.5%
$334,001 - $444,000
3.4%
3.4%
$222,001 - $334,000
7.9%
7.9%
$111,001 - $222,000
34.1%
34.1%
$56,001 - $111,000
37.3%
37.3%
$0 - $56,000
14.5%
14.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Low for SD

Value Relative To Nation

Number Of Homes And Apartments:
5,495

Huron Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SD*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
99.82% 3.27%
4
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$909 / per month

Homeownership Rate

Owners
56.0%
56.0%
Renters
44.0%
44.0%
Vacant
9.3%
9.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
11.3%
11.3%
1970 - 1999
32.2%
32.2%
1940 - 1969
30.8%
30.8%
1939 or Older
25.6%
25.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
62.0%
62.0%
Townhomes
3.5%
3.5%
Small Apt. Buildings
10.4%
10.4%
Apt. Complexes
19.9%
19.9%
Mobile Homes
4.2%
4.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.0%
3.0%
1 Bedroom
16.5%
16.5%
2 Bedrooms
35.5%
35.5%
3 Bedrooms
29.0%
29.0%
4 Bedrooms
12.8%
12.8%
5 or more bedrooms
3.1%
3.1%
0.0% 100.0%
% OF HOMES

Popular Communities Near Huron, SD

Zip Codes in Huron, SD