Huron, SD Housing Market
AI-powered market intelligence for the Huron, SD metro area.
PropertyIQ Scores
Huron, SD Market Analysis
Market Overview
Huron, SD posts a PropertyIQ Score of 92 out of 100, placing it in a strong position relative to typical market conditions. The top score drivers are home value momentum (12 month) at 10.39%, home value momentum (3 month) at 0.32%, median days on market at 41 days, and a share of listings with a price cut at 12.8%. These indicators suggest that homes are selling at a relatively steady pace and sellers are not relying heavily on discounts. The median home value is $197,220, well below the state average of $324,891. That affordability gap is meaningful, although incomes are also lower: median household income is $63,082 in Huron, compared with a state average of $72,421.
The market's strength is balanced by a mixed price picture. The median home value changed by just -$15 year over year, even though the 12-month momentum reading was 10.39%. The slowing is clearer in the 3-month momentum figure of 0.32%, which indicates a much flatter recent trend. With an unemployment rate of 2%, matching the state benchmark, and only 67 homes for sale, Huron looks like a tight but stable market rather than a rapidly expanding one.
Key Trends
The first trend is relative affordability. Huron's median home value of $197,220 is about 39% below the state average of $324,891. While median household income is also below the state average, the gap is smaller: $63,082 versus $72,421. That puts the median home at roughly 3.1 times median income in Huron, compared with about 4.5 times at the state level. This means housing costs take up less income locally.
A second trend is steady selling conditions. Median days on market is 41 days, and only 12.8% of listings have had a price cut. With just 67 homes for sale, these metrics point to a market where inventory is limited and sellers are not needing widespread price reductions. That supports the high PropertyIQ Score and points to buyer demand that is absorbing listings at a moderate pace.
A third trend is renter and investor economics. The rent index is $834, below the state average of $912. At the local median home value of $197,220, the rent index implies a gross rental yield of roughly 5.1%. The state-level comparison, using a $912 rent index and $324,891 median home value, implies a gross yield closer to 3.4%. That spread may make Huron more attractive for buy-and-hold investors than the broader state averages.
A fourth trend is cooling price momentum. The 12-month home value momentum of 10.39% was a top score driver, but the 3-month momentum of 0.32% and the -$15 year-over-year median home value change suggest that the longer-run strength has flattened recently. Population growth data is not available, so demographic-driven demand cannot be directly assessed.
Who Is This Market For
Huron is likely suited to first-time buyers and middle-income households looking for a lower-cost entry point. The median home value of $197,220 is well below the South Dakota average, and the local median household income of $63,082 supports a more manageable price-to-income ratio than the state comparison. However, buyers should be aware that inventory is limited at 67 homes for sale, so the buying environment may feel competitive or constrained by choice.
Buy-and-hold investors may also find the market appealing because the rent index of $834 produces a relatively favorable gross yield against the $197,220 median home value, especially compared with state-level figures. The unemployment rate of 2% and a median days on market of 41 days suggest stable housing demand and relatively quick absorption. This market is less suited to buyers or investors seeking large-scale inventory or rapid short-term appreciation, given the 3-month momentum of 0.32% and the essentially flat year-over-year dollar change.
Outlook
The forward indicators in the provided data point to a stable near-term market rather than a sharp rise or decline. The 3-month home value momentum of 0.32% and the year-over-year median home value change of -$15 suggest that prices have flattened compared with the stronger 12-month momentum of 10.39%. At the same time, a median days on market of 41 days and a price-cut share of 12.8% indicate that homes are still selling without heavy discounting. The unemployment rate of 2% is supportive for local housing demand. The main limitation is the missing population growth data, which makes it difficult to assess longer-term demographic support. Still, the combination of limited inventory, relative affordability, and steady demand suggests Huron is positioned as a stable, affordable market with continued investor interest.
AI-generated analysis based on current market data. Last updated September 1, 2026.
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Huron, SD market data
Huron, SD Housing Market Overview
Huron, SD's median home value is $197K, up 10.4% over the past year. Homes here sell in a median 41 days. Its PropertyIQ Score of 92 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
Understanding the Huron, SD housing market requires looking beyond headline price figures. The PropertyIQ Score reads both sides of market strength: Zillow price momentum across 3- and 12-month windows, and Realtor.com flow signals — days on market and the share of listings with price cuts. Together they predict how this SD metro is set to perform relative to the rest of its state.
Midwestern housing markets are characterized by affordability and economic diversification. From manufacturing hubs undergoing tech-sector transitions to university towns with stable demand, the region offers value-oriented opportunities with lower entry costs than coastal markets. Within the Midwest, Huron, SD's PropertyIQ Score of 92 ranks among the Midwest's stronger demand signals.
For the Huron, SD market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets. Momentum here has been positive, with home values up 10.4% over the past year.
View Huron, SD's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Huron, SD a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Huron, SD currently scores 92, a very strong-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $197K, up 10.4% over the past year. So whether Huron, SD is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Huron, SD?
Huron, SD's PropertyIQ Score is 92, indicating very strong momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 92 places Huron, SD above its state benchmark.
Are home prices in Huron, SD rising or falling?
Home prices in Huron, SD are rising. Over the past year, the median home value increased 10.4%, reaching $197K. Over the latest three months, values moved up 0.3%, a sign near-term demand remains firm. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Huron, SD's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Huron, SD?
In Huron, SD, homes sell in a median of 41 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 13% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Huron, SD market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.