Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hereford area can be challenging. Home prices in Hereford are now at a median cost of $148,389, lower than the South Dakota average of $199,518.
The average cost of rent is $799/mo in Hereford, primarily driven by the current value of real estate in the Hereford area. While nearly 76.70% of residents own their homes outright in Hereford, 21.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hereford is $4,666 per month. Households that rent pay about 17.12% of their income on rent here. Hereford's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Enning, SD: equally priced homes
- Opal, SD: equally priced homes
- Fairpoint, SD: equally priced homes
- Viewfield, SD: higher priced homes
- Volunteer, SD: equally priced homes
- Elm Springs, SD: less expensive homes
- Redowl, SD: equally priced homes
- Ellsworth Afb, SD: higher priced homes
- New Underwood, SD: higher priced homes
- Wicksville, SD: higher priced homes
Cities with Similar Populations
- Cantil, CA: less expensive homes
- Stringtown, PA: less expensive homes
- Stroudsville, TN: higher priced homes
- Sun City, KS: less expensive homes
- Sun Valley, TX: higher priced homes
- Sunset, AZ: higher priced homes
- Swan Lake, MS: less expensive homes
- Swenson, TX: less expensive homes
- Taconite Harbor, MN: higher priced homes
- Coal Bluff, AL: less expensive homes
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