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Affordable
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These days, finding an affordable place to live in the Castlewood area can be challenging. Home prices in Castlewood are now at a median cost of $235,997, lower than the South Dakota average of $268,202.
The average cost of rent is $1,130/mo in Castlewood, primarily driven by the current value of real estate in the Castlewood area. In Castlewood, 13.69% of households rent, and 36.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Castlewood is $7,727 per month. Households that rent pay about 14.62% of their income on rent here. Castlewood’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kones Corner, SD: equally priced homes
- Stone Bridge, SD: less expensive homes
- Estelline, SD: less expensive homes
- Thomas, SD: equally priced homes
- Goodwin, SD: equally priced homes
- Hayti, SD: less expensive homes
- Lake Poinsett, SD: less expensive homes
- Foley, SD: less expensive homes
- Kranzburg, SD: higher priced homes
- Watertown, SD: equally priced homes
Cities with Similar Populations
- Dover Beaches South, NJ: higher priced homes
- Walhonding, OH: less expensive homes
- Waterford, VT: higher priced homes
- Faucett, MO: higher priced homes
- Waynoka, OK: less expensive homes
- Endeavor, WI: less expensive homes
- Elwood, KS: less expensive homes
- East Victor, NY: higher priced homes
- Dysart, PA: less expensive homes
- Wagners Lake, NE: higher priced homes
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