Housing in Elk Point, SD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$170,000
Median List Price
$420,000
Price Per Sq Ft
$126
Days on Market
2
Active Inventory
4
Months of Supply
4.0
Balanced market
Zillow Home Value
$277,255
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Sale-to-List Ratio
113.4%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$126
Median List $/SF
$118
Elk Point vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Elk Point is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$228,400
Median Rent
$801
Total Housing Units
935
Vacancy Rate
4.9%
Owner Occupied
74.7%
Renter Occupied
25.3%
Median Property Tax
$3,097
per year
Monthly Cost (w/ Mortgage)
$1,335
Housing Types
The current median sale price in Elk Point, SD is $170,000 according to Redfin data. Homes spend a median of 2 days on the market. 100.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $126. The median rent is $801 per month (Census ACS). About 74.7% of housing units are owner-occupied. The median year homes were built is 1980. There are 935 total housing units.