Market Overview
Home Prices in Selby, SD
The median home value in Selby, SD is $135,671 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10% compared to a year ago and up 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Selby are priced67% below average.
Over the past five years, Selby home values have risen by approximately38.0%, reflecting strong long-term appreciation in this market.
Price History
Selby Home Price Trend
2021
$98,318
$98K
—
2022
$118,085
$118K
+20.1%
2023
$122,441
$122K
+3.7%
2024
$115,806
$116K
-5.4%
2025
$123,307
$123K
+6.5%
2026
$135,671
$136K
+10.0%
City Comparison
Selby vs. National Median
🏠 Selby
$135,671
National Median
$410,000
At $135,671, homes in Selby cost 67% below the national median of $410,000. This makes Selby a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Selby?
20% Down Payment
$27,134
on $135,671
Monthly P&I
$708/mo
30-yr @ 6.8%
Total Monthly Est.
~$899/mo
incl. taxes & insurance
Income Needed
$35,960
gross annual (30% rule)
10% Down Option
$13,567
+ PMI applies
Loan Amount (20% dn)
$108,537
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 Selby, SD?
The median home value in Selby is $135,671 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10% year-over-year.
How much have home prices changed in Selby?
Over the past year, home values in Selby have increased by 10%. Over five years, prices have risen approximately 38.0%.
How much do I need to earn to buy a home in Selby?
To comfortably afford the median home price of $135,671 with a 20% down payment ($27,134) at today's rates (6.8%), you'd need a gross annual income of approximately $35,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Selby compare to the national average home price?
The national median home value is approximately $410,000. At $135,671, homes in Selby are 67% below the national average.