Market Overview
Home Prices in Chamberlain, SD
The median home value in Chamberlain, SD is $262,495 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 16% compared to a year ago and up 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chamberlain are priced36% below average.
Over the past five years, Chamberlain home values have risen by approximately38.6%, reflecting strong long-term appreciation in this market.
Price History
Chamberlain Home Price Trend
2020
$173,609
$174K
—
2021
$189,376
$189K
+9.1%
2022
$214,938
$215K
+13.5%
2023
$215,855
$216K
+0.4%
2024
$213,187
$213K
-1.2%
2025
$226,287
$226K
+6.1%
2026
$262,495
$262K
+16.0%
City Comparison
Chamberlain vs. National Median
🏠 Chamberlain
$262,495
National Median
$410,000
At $262,495, homes in Chamberlain cost 36% below the national median of $410,000. This makes Chamberlain a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chamberlain?
20% Down Payment
$52,499
on $262,495
Monthly P&I
$1,369/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,739/mo
incl. taxes & insurance
Income Needed
$69,560
gross annual (30% rule)
10% Down Option
$26,250
+ PMI applies
Loan Amount (20% dn)
$209,996
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chamberlain, SD?
The median home value in Chamberlain is $262,495 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 16% year-over-year.
How much have home prices changed in Chamberlain?
Over the past year, home values in Chamberlain have increased by 16%. Over five years, prices have risen approximately 38.6%.
How much do I need to earn to buy a home in Chamberlain?
To comfortably afford the median home price of $262,495 with a 20% down payment ($52,499) at today's rates (6.8%), you'd need a gross annual income of approximately $69,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Chamberlain compare to the national average home price?
The national median home value is approximately $410,000. At $262,495, homes in Chamberlain are 36% below the national average.