Hamlin County, SD real estate

Market data, tax and rent figures from the 2024 Census survey.

Median home value

$208,600Median home value · Census

Property tax rate

1.11%Above state avg 1.06%Median bill $2,313/yr · Census

Median rent

$8002-bed $790Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Hamlin County, SD real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Hamlin County pay a median of $2,313 a year in property taxes on a median home value of $208,600, an effective rate of about 1.11%. The South Dakota average is 1.06%, which makes Hamlin County the #45 lowest-tax of 65 counties in the state with published tax data.

Renters pay a median of $800 a month, and $790 for a two-bedroom. At today's prices a typical home costs about 22 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $209,000 home here comes to about $1,417 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $61,000 a year (the median household here earns $87,101).

Monthly payment on a typical home

$1,417/mo
  • Principal & interest$1,137
  • Property tax$193
  • Insurance (est.)$87

$209,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Hamlin County by bedrooms

1 bedroom$7256% below state
2 bedrooms$79020% below state
3 bedrooms$1,0599% below state
4 bedrooms$96329% below state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Hamlin County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

Other South Dakota counties

All South Dakota counties compared →

Real estate agent in Hamlin County?

We find motivated homeowners, qualify them, and book the call onto your calendar.

Book a discovery call

Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.