Market Overview
Home Prices in Irene, SD
The median home value in Irene, SD is $293,824 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Irene are priced28% below average. Irene is part of the Yankton, SD metro area.
Over the past five years, Irene home values have risen by approximately15.9%, reflecting steady appreciation in this market.
Price History
Irene Home Price Trend
2020
$218,871
$219K
—
2021
$253,496
$253K
+15.8%
2022
$294,521
$295K
+16.2%
2023
$294,584
$295K
+0.0%
2024
$286,452
$286K
-2.8%
2025
$300,650
$301K
+5.0%
2026
$293,824
$294K
-2.3%
City Comparison
Irene vs. National Median
🏠 Irene
$293,824
National Median
$410,000
At $293,824, homes in Irene cost 28% below the national median of $410,000. This makes Irene a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Irene?
20% Down Payment
$58,765
on $293,824
Monthly P&I
$1,532/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,946/mo
incl. taxes & insurance
Income Needed
$77,840
gross annual (30% rule)
10% Down Option
$29,382
+ PMI applies
Loan Amount (20% dn)
$235,059
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 Irene, SD?
The median home value in Irene is $293,824 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in Irene?
Over the past year, home values in Irene have decreased by 2.3%. Over five years, prices have risen approximately 15.9%.
How much do I need to earn to buy a home in Irene?
To comfortably afford the median home price of $293,824 with a 20% down payment ($58,765) at today's rates (6.8%), you'd need a gross annual income of approximately $77,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Irene compare to the national average home price?
The national median home value is approximately $410,000. At $293,824, homes in Irene are 28% below the national average.
What metro area is Irene part of?
Irene is part of the Yankton, SD metropolitan area. Home prices and market conditions can vary across the broader metro region.