Market Overview
Home Prices in Flandreau, SD
The median home value in Flandreau, SD is $226,581 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Flandreau are priced45% below average.
Over the past five years, Flandreau home values have risen by approximately34.8%, reflecting strong long-term appreciation in this market.
Price History
Flandreau Home Price Trend
2020
$142,849
$143K
—
2021
$168,032
$168K
+17.6%
2022
$201,980
$202K
+20.2%
2023
$212,395
$212K
+5.2%
2024
$211,074
$211K
-0.6%
2025
$215,792
$216K
+2.2%
2026
$226,581
$227K
+5.0%
City Comparison
Flandreau vs. National Median
🏠 Flandreau
$226,581
National Median
$410,000
At $226,581, homes in Flandreau cost 45% below the national median of $410,000. This makes Flandreau a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Flandreau?
20% Down Payment
$45,316
on $226,581
Monthly P&I
$1,182/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,501/mo
incl. taxes & insurance
Income Needed
$60,040
gross annual (30% rule)
10% Down Option
$22,658
+ PMI applies
Loan Amount (20% dn)
$181,265
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 Flandreau, SD?
The median home value in Flandreau is $226,581 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Flandreau?
Over the past year, home values in Flandreau have increased by 5%. Over five years, prices have risen approximately 34.8%.
How much do I need to earn to buy a home in Flandreau?
To comfortably afford the median home price of $226,581 with a 20% down payment ($45,316) at today's rates (6.8%), you'd need a gross annual income of approximately $60,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Flandreau compare to the national average home price?
The national median home value is approximately $410,000. At $226,581, homes in Flandreau are 45% below the national average.