Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wood area can be challenging. Home prices in Wood are now at a median cost of $62,031, lower than the South Dakota average of $199,518.
The average cost of rent is $754/mo in Wood, primarily driven by the current value of real estate in the Wood area. While nearly 73.59% of residents own their homes outright in Wood, 35.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wood is $4,453 per month. Households that rent pay about 16.93% of their income on rent here. Wood's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Okreek, SD: less expensive homes
- White River, SD: less expensive homes
- Westover, SD: less expensive homes
- Witten, SD: higher priced homes
- New Witten, SD: higher priced homes
- Mission, SD: less expensive homes
- Hidden Timber, SD: less expensive homes
- Mosher, SD: higher priced homes
- Draper, SD: higher priced homes
- Ideal, SD: higher priced homes
Cities with Similar Populations
- Bondurant, WY: higher priced homes
- West Lenox, PA: higher priced homes
- West Hallock, IL: higher priced homes
- West Damascus, PA: higher priced homes
- Wenona, GA: higher priced homes
- Brasher Iron Works, NY: higher priced homes
- Boy River, MN: higher priced homes
- Bowring, OK: higher priced homes
- Bowen, KY: higher priced homes
- Bovill, ID: higher priced homes
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