Home›South Dakota›Henry
📍 Henry, SD · Zillow ZHVI · July 2026

Average Home Price in
Henry, SD

Watertown, SD metro area · Codington County County

Median Home Value
$519,119
↓ 3.6% year-over-year
vs. National Median
$410,000
Henry is 27% above
Est. Monthly Payment
$2,707/mo
20% down · 6.8% rate
Income Needed
$138K
gross annual (30% rule)
Median Home Value
$519,119
↓ 3.6% year-over-year
Down Payment (20%)$103,824
Monthly P&I$2,707/mo
With Taxes & Ins.~$3,438/mo
Income Needed$137,520/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Henry, SD

The median home value in Henry, SD is $519,119 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.6% compared to a year ago and down 8.5% from two years prior.

Compared to the U.S. national median of $410,000, homes in Henry are priced27% above average. Henry is part of the Watertown, SD metro area.

Over the past five years, Henry home values have risen by approximately21.5%, reflecting strong long-term appreciation in this market.

City Comparison

Henry vs. National Median

🏠 Henry
$519,119
National Median
$410,000

At $519,119, homes in Henry cost 27% above the national median of $410,000. Buyers in Henry should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Henry?

20% Down Payment
$103,824
on $519,119
Monthly P&I
$2,707/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,438/mo
incl. taxes & insurance
Income Needed
$137,520
gross annual (30% rule)
10% Down Option
$51,912
+ PMI applies
Loan Amount (20% dn)
$415,295
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 Henry, SD?
The median home value in Henry is $519,119 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.6% year-over-year.
How much have home prices changed in Henry?
Over the past year, home values in Henry have decreased by 3.6%. Over five years, prices have risen approximately 21.5%.
How much do I need to earn to buy a home in Henry?
To comfortably afford the median home price of $519,119 with a 20% down payment ($103,824) at today's rates (6.8%), you'd need a gross annual income of approximately $137,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Henry compare to the national average home price?
The national median home value is approximately $410,000. At $519,119, homes in Henry are 27% above the national average.
What metro area is Henry part of?
Henry is part of the Watertown, SD metropolitan area. Home prices and market conditions can vary across the broader metro region.