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Lead, SD

Full City Profile · South Dakota · Lawrence County County

3.1 /5.0
B Good
2,997 Population 1,455/sq mi density
$57,348 Median Income $36,190 per capita
$192,800 Home Value $369,374 Zillow
$844 Median Rent 23.8% income on rent
46°F Avg Temperature 270 sunny days/yr
68 Violent Crime/100K 541 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$57,348 median income, 0.0% unemployment
A+
Affordability
4.8 / 5.0
$192,800 home value, $844/mo rent
F
Safety
1.0 / 5.0
68 violent crimes/100K
C+
Education
2.6 / 5.0
19.8% bachelor's degree or higher

Housing Overview

Median Home Value
$192,800
32% below
US avg: $281,900
Median Rent
$844/mo
27% below
US avg: $1,163/mo
Homeownership Rate
70.2%
7% above US avg (65.4%)
Total Housing Units
1,832
Median year built: 1938

Home Value by Source

Census Median
$192,800
Zillow (ZHVI)
$369,374
Median Sale Price
$249,900
Median List Price
$305,200
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.2%
Owner-Occupied
29.8%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent: $844/mo

Market Indicators (Redfin)

Median Days on Market
121 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
18.5%
of listings with price reduction
Price Per Sq Ft
$219
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
70.2%

Complete Housing Data

Home Values

Census Median Value$192,800
Zillow Home Value (ZHVI)$369,374
Median Sale Price$249,900
Median List Price$305,200
Price Per Sq Ft$219

Rent

Census Median Rent$844
FMR Studio$691
FMR 1-Bedroom$784
FMR 2-Bedroom$990
FMR 3-Bedroom$1,295
FMR 4-Bedroom$1,540

Market

Days on Market121
Sale-to-List Ratio1.0%
Price Drops18.5%
Homes Sold7
Active Inventory27
Price Per Sq Ft$219

Ownership & Stock

Owner-Occupied70.2%
Renter-Occupied29.8%
Homeownership Rate70.2%
Total Housing Units1,832
Median Year Built1938
Rent Burden23.8%