Summerset, SD
Full City Profile · South Dakota · Lawrence County County
3.8
/5.0
B+
Good
2,978
Population
1,095/sq mi density
$115,197
Median Income
$41,973 per capita
$337,900
Home Value
$425,283 Zillow
$1,233
Median Rent
31.3% income on rent
46°F
Avg Temperature
311 sunny days/yr
179
Violent Crime/100K
2,039 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$115,197 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$337,900 home value, $1,233/mo rent
F
Safety
1.0 / 5.0
179 violent crimes/100K
A
Education
4.3 / 5.0
41.1% bachelor's degree or higher
Housing Overview
Median Home Value
$337,900
20% above
US avg: $281,900
Median Rent
$1,233/mo
6% above
US avg: $1,163/mo
Homeownership Rate
80.6%
23% above US avg (65.4%)
Total Housing Units
1,119
Median year built: 2006
Home Value by Source
Census Median
$337,900
Zillow (ZHVI)
$425,283
Median Sale Price
$434,850
Median List Price
$504,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.6%
Owner-Occupied
19.4%
Renter-Occupied
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:
$1,233/mo
Market Indicators (Redfin)
Median Days on Market
160 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
26.1%
of listings with price reduction
Price Per Sq Ft
$178
Active Inventory
23
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
2006
Average age of housing stock: 20 years
Homeownership Rate
80.6%
Complete Housing Data
Home Values
| Census Median Value | $337,900 |
| Zillow Home Value (ZHVI) | $425,283 |
| Median Sale Price | $434,850 |
| Median List Price | $504,500 |
| Price Per Sq Ft | $178 |
Rent
| Census Median Rent | $1,233 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
| Days on Market | 160 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.1% |
| Homes Sold | 2 |
| Active Inventory | 23 |
| Price Per Sq Ft | $178 |
Ownership & Stock
| Owner-Occupied | 80.6% |
| Renter-Occupied | 19.4% |
| Homeownership Rate | 80.6% |
| Total Housing Units | 1,119 |
| Median Year Built | 2006 |
| Rent Burden | 31.3% |
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