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These days, finding an affordable place to live in the Valley Springs area can be challenging. Home prices in Valley Springs are now at a median cost of $260,207, lower than the South Dakota average of $268,202.
The average cost of rent is $1,066/mo in Valley Springs, primarily driven by the current value of real estate in the Valley Springs area. In Valley Springs, 18.57% of households rent, and 38.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valley Springs is $8,481 per month. Households that rent pay about 12.57% of their income on rent here. Valley Springs’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rowena, SD: higher priced homes
- Brandon, SD: higher priced homes
- Beaver Creek, MN: equally priced homes
- Corson, SD: higher priced homes
- Hills, MN: less expensive homes
- Pine Lakes Addition, SD: higher priced homes
- Larchwood, IA: equally priced homes
- Garretson, SD: higher priced homes
- Sherman, SD: higher priced homes
- Renner Corner, SD: higher priced homes
Cities with Similar Populations
- Bloomingburg, OH: less expensive homes
- Valles Mines, MO: less expensive homes
- Watkins, CO: higher priced homes
- Bremond, TX: less expensive homes
- Bratenahl, OH: higher priced homes
- Boswell, OK: less expensive homes
- Blue Gap, AZ: less expensive homes
- Blairtown, WY: less expensive homes
- Bayard, NE: less expensive homes
- Aurelia, IA: less expensive homes
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