Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Thomas area can be challenging. Home prices in Thomas are now at a median cost of $227,900, higher than the South Dakota average of $199,518.
The average cost of rent is $625/mo in Thomas, primarily driven by the current value of real estate in the Thomas area. While nearly 39.42% of residents own their homes outright in Thomas, 14.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Thomas is $6,337 per month. Households that rent pay about 9.86% of their income on rent here. Thomas's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Grover, SD: less expensive homes
- Kones Corner, SD: less expensive homes
- Hayti, SD: less expensive homes
- Foley, SD: less expensive homes
- Hazel, SD: equally priced homes
- Kampeska, SD: less expensive homes
- Castlewood, SD: less expensive homes
- Watertown, SD: less expensive homes
- Lake Norden, SD: less expensive homes
- Stone Bridge, SD: less expensive homes
Cities with Similar Populations
- Elk River, ID: less expensive homes
- Stoddartsville, PA: less expensive homes
- Stockville, NE: less expensive homes
- Stockholm, SD: less expensive homes
- Era, OH: higher priced homes
- Enon, AL: less expensive homes
- Energy, PA: less expensive homes
- Embudo, NM: less expensive homes
- Emblem, TX: less expensive homes
- Elwood, NJ: less expensive homes
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