
Affordable
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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 $102,513, lower than the South Dakota average of $268,202.
The average cost of rent is $924/mo in Wood, primarily driven by the current value of real estate in the Wood area. In Wood, 34.60% of households rent, and 82.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wood is $4,754 per month. Households that rent pay about 19.44% of their income on rent here. Wood’s most expensive areas are in the northeastern 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
- Okreek, SD: equally priced 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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