Market Overview
Home Prices in Edgemont, SD
The median home value in Edgemont, SD is $246,648 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Edgemont are priced40% below average.
Over the past five years, Edgemont home values have risen by approximately34.2%, reflecting strong long-term appreciation in this market.
Price History
Edgemont Home Price Trend
2020
$157,774
$158K
—
2021
$183,759
$184K
+16.5%
2022
$222,246
$222K
+20.9%
2023
$228,289
$228K
+2.7%
2024
$234,818
$235K
+2.9%
2025
$237,502
$238K
+1.1%
2026
$246,648
$247K
+3.9%
City Comparison
Edgemont vs. National Median
🏠 Edgemont
$246,648
National Median
$410,000
At $246,648, homes in Edgemont cost 40% below the national median of $410,000. This makes Edgemont a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Edgemont?
20% Down Payment
$49,330
on $246,648
Monthly P&I
$1,286/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,633/mo
incl. taxes & insurance
Income Needed
$65,320
gross annual (30% rule)
10% Down Option
$24,665
+ PMI applies
Loan Amount (20% dn)
$197,318
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 Edgemont, SD?
The median home value in Edgemont is $246,648 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Edgemont?
Over the past year, home values in Edgemont have increased by 3.9%. Over five years, prices have risen approximately 34.2%.
How much do I need to earn to buy a home in Edgemont?
To comfortably afford the median home price of $246,648 with a 20% down payment ($49,330) at today's rates (6.8%), you'd need a gross annual income of approximately $65,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Edgemont compare to the national average home price?
The national median home value is approximately $410,000. At $246,648, homes in Edgemont are 40% below the national average.