Housing in Lead, SD

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$284,000

Median List Price

$292,500

Price Per Sq Ft

$225

Days on Market

159

Active Inventory

25

Months of Supply

6.3

Buyer's market

Zillow Home Value

$366,290

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 49.5%List Price 12.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

14.3%

Sale-to-List Ratio

95.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
14.3%
Listings with Price Drops
16.0%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

3

Pending Sales

7

Homes Sold 0.0%New Listings 50.0%Pending 30.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$225

Median List $/SF

$243

Sale $/SF 24.3%List $/SF 41.3%Mar 24Jan 26

Lead vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lead 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

$192,800

Median Rent

$844

Total Housing Units

1,795

Vacancy Rate

19.0%

Owner Occupied

70.2%

Renter Occupied

29.8%

Median Property Tax

$1,823

per year

Monthly Cost (w/ Mortgage)

$626

Housing Types

Single Family
74.4%
Multi-Family
23.6%
Mobile Home
1.9%

The current median sale price in Lead, SD is $284,000 according to Redfin data. Homes spend a median of 159 days on the market. 0.0% of homes sold above asking price. The market has 6.3 months of supply. The median price per square foot is $225. The median rent is $844 per month (Census ACS). About 70.2% of housing units are owner-occupied. The median year homes were built is 1938. There are 1,795 total housing units.