Market Overview
Home Prices in Dell Rapids, SD
The median home value in Dell Rapids, SD is $372,794 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dell Rapids are priced9% below average. Dell Rapids is part of the Sioux Falls, SD metro area.
Over the past five years, Dell Rapids home values have risen by approximately32.5%, reflecting strong long-term appreciation in this market.
Price History
Dell Rapids Home Price Trend
City Comparison
Dell Rapids vs. National Median
At $372,794, homes in Dell Rapids cost 9% below the national median of $410,000. This makes Dell Rapids a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dell Rapids?
20% Down Payment
$74,559
on $372,794
Monthly P&I
$1,944/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,469/mo
incl. taxes & insurance
Income Needed
$98,760
gross annual (30% rule)
10% Down Option
$37,279
+ PMI applies
Loan Amount (20% dn)
$298,235
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 Dell Rapids, SD?
The median home value in Dell Rapids is $372,794 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Dell Rapids?
Over the past year, home values in Dell Rapids have increased by 3.8%. Over five years, prices have risen approximately 32.5%.
How much do I need to earn to buy a home in Dell Rapids?
To comfortably afford the median home price of $372,794 with a 20% down payment ($74,559) at today's rates (6.8%), you'd need a gross annual income of approximately $98,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Dell Rapids compare to the national average home price?
The national median home value is approximately $410,000. At $372,794, homes in Dell Rapids are 9% below the national average.
What metro area is Dell Rapids part of?
Dell Rapids is part of the Sioux Falls, SD metropolitan area. Home prices and market conditions can vary across the broader metro region.