Market Overview
Home Prices in Estelline, SD
The median home value in Estelline, SD is $278,846 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.4% 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 Estelline are priced32% below average. Estelline is part of the Watertown, SD metro area.
Over the past five years, Estelline home values have risen by approximately34.8%, reflecting strong long-term appreciation in this market.
Price History
Estelline Home Price Trend
City Comparison
Estelline vs. National Median
At $278,846, homes in Estelline cost 32% below the national median of $410,000. This makes Estelline a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Estelline?
20% Down Payment
$55,769
on $278,846
Monthly P&I
$1,454/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,847/mo
incl. taxes & insurance
Income Needed
$73,880
gross annual (30% rule)
10% Down Option
$27,885
+ PMI applies
Loan Amount (20% dn)
$223,077
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 Estelline, SD?
The median home value in Estelline is $278,846 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.4% year-over-year.
How much have home prices changed in Estelline?
Over the past year, home values in Estelline have increased by 13.4%. Over five years, prices have risen approximately 34.8%.
How much do I need to earn to buy a home in Estelline?
To comfortably afford the median home price of $278,846 with a 20% down payment ($55,769) at today's rates (6.8%), you'd need a gross annual income of approximately $73,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Estelline compare to the national average home price?
The national median home value is approximately $410,000. At $278,846, homes in Estelline are 32% below the national average.
What metro area is Estelline part of?
Estelline is part of the Watertown, SD metropolitan area. Home prices and market conditions can vary across the broader metro region.