Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tea area can be challenging. Home prices in Tea are now at a median cost of $272,155, higher than the South Dakota average of $199,518.
The average cost of rent is $1,020/mo in Tea, primarily driven by the current value of real estate in the Tea area. While nearly 18.41% of residents own their homes outright in Tea, 26.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tea is $8,178 per month. Households that rent pay about 12.48% of their income on rent here. Tea's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Buffalo Ridge, SD: higher priced homes
- Harrisburg, SD: equally priced homes
- Sioux Falls, SD: less expensive homes
- Lennox, SD: less expensive homes
- Chancellor, SD: less expensive homes
- Naomi, SD: less expensive homes
- Worthing, SD: less expensive homes
- Pine Lakes Addition, SD: higher priced homes
- Hartford, SD: equally priced homes
- Pumpkin Center, SD: equally priced homes
Cities with Similar Populations
- Monroeville, AL: less expensive homes
- Moundville, AL: less expensive homes
- Mound, MN: equally priced homes
- Morton, MS: less expensive homes
- Morrison, CO: higher priced homes
- Monticello, IL: less expensive homes
- Monticello, GA: less expensive homes
- Monticello, FL: less expensive homes
- Monterey, TN: less expensive homes
- Mount Carmel, IL: less expensive homes
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