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Affordable
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These days, finding an affordable place to live in the Wakonda area can be challenging. Home prices in Wakonda are now at a median cost of $188,988, lower than the South Dakota average of $268,202.
The average cost of rent is $908/mo in Wakonda, primarily driven by the current value of real estate in the Wakonda area. In Wakonda, 16.62% of households rent, and 45.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wakonda is $6,494 per month. Households that rent pay about 13.98% of their income on rent here. Wakonda’s most expensive areas are in the eastern 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
- Volin, SD: higher priced homes
- Irene, SD: less expensive homes
- Dalesburg, SD: higher priced homes
- Gayville, SD: less expensive homes
- Centerville, SD: higher priced homes
- Meckling, SD: higher priced homes
- Midway, SD: higher priced homes
- Mission Hill, SD: less expensive homes
- Mayfield, SD: higher priced homes
- Viborg, SD: equally priced homes
Cities with Similar Populations
- Lecoma, MO: higher priced homes
- Sherman Mills, ME: less expensive homes
- Seney, GA: equally priced homes
- Long Lake, WA: higher priced homes
- Loch Lynn Heights, MD: higher priced homes
- Lobata, WV: less expensive homes
- Liberty Center, IN: less expensive homes
- Lester, IA: higher priced homes
- Leino Park, MA: higher priced homes
- Leedey, OK: less expensive homes
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