Market Overview
Home Prices in Waubay, SD
The median home value in Waubay, SD is $268,625 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.6% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Waubay are priced34% below average.
Over the past five years, Waubay home values have risen by approximately30.4%, reflecting strong long-term appreciation in this market.
Price History
Waubay Home Price Trend
2020
$185,655
$186K
—
2021
$205,987
$206K
+11.0%
2022
$237,123
$237K
+15.1%
2023
$242,833
$243K
+2.4%
2024
$245,710
$246K
+1.2%
2025
$251,959
$252K
+2.5%
2026
$268,625
$269K
+6.6%
City Comparison
Waubay vs. National Median
🏠 Waubay
$268,625
National Median
$410,000
At $268,625, homes in Waubay cost 34% below the national median of $410,000. This makes Waubay a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Waubay?
20% Down Payment
$53,725
on $268,625
Monthly P&I
$1,401/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,779/mo
incl. taxes & insurance
Income Needed
$71,160
gross annual (30% rule)
10% Down Option
$26,863
+ PMI applies
Loan Amount (20% dn)
$214,900
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 Waubay, SD?
The median home value in Waubay is $268,625 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.6% year-over-year.
How much have home prices changed in Waubay?
Over the past year, home values in Waubay have increased by 6.6%. Over five years, prices have risen approximately 30.4%.
How much do I need to earn to buy a home in Waubay?
To comfortably afford the median home price of $268,625 with a 20% down payment ($53,725) at today's rates (6.8%), you'd need a gross annual income of approximately $71,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Waubay compare to the national average home price?
The national median home value is approximately $410,000. At $268,625, homes in Waubay are 34% below the national average.