House Prices

House Prices & Home Values De Smet, SD 2026


Average Data

average house price$223,162
average size per house2181 ft²
average price per ft²103 $ / ft²

02/08/2026 - The value range (VR) for house prices in De Smet, SD is $124/ sqft to $124/ sqft. An average home with 2181 sqft costs approximately $270,444 to $270,444. De Smet, SD includes 1 ZIP codes and it is located in Kingsbury county. The lowest prices are found in ZIP 57231, while the highest are in ZIP 57231. The average price per sqare feet is $103. Our analysis is based on 21 property listings.

Avergage prices by ZIP codes De Smet

57231135 $ / ft²




Historical development of home values in De Smet

Year Estimated value (USD) Change vs. 2025
2010 $103,640 -53.6%
2011 $99,633 -55.4%
2012 $99,364 -55.5%
2013 $103,078 -53.8%
2014 $108,204 -51.5%
2015 $113,757 -49.0%
2016 $119,694 -46.4%
2017 $126,154 -43.5%
2018 $133,129 -40.3%
2019 $139,302 -37.6%
2020 $146,503 -34.4%
2021 $166,631 -25.3%
2022 $194,255 -13.0%
2023 $204,851 -8.2%
2024 $216,702 -2.9%
2025 $223,162 0.0%

Graph: estimated home values in De Smet over time (USD)



Example: 100% financing house in De Smet

Loan amount: $223,162

Interest rate: 6.00%

Fixed monthly payment: $1,337.97

Breakdown in the 1st month:
Interest portion: $1,115.81  –  Principal portion: $222.16

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,315.17 $2,740.46 $220,421.54
2 $13,146.15 $2,909.48 $217,512.06
3 $12,966.70 $3,088.93 $214,423.13
4 $12,776.18 $3,279.45 $211,143.68
5 $12,573.91 $3,481.72 $207,661.96
6 $12,359.16 $3,696.46 $203,965.50
7 $12,131.17 $3,924.45 $200,041.05
8 $11,889.12 $4,166.51 $195,874.54
9 $11,632.14 $4,423.49 $191,451.05
10 $11,359.31 $4,696.32 $186,754.74
11 $11,069.65 $4,985.98 $181,768.76
12 $10,762.13 $5,293.50 $176,475.26
13 $10,435.64 $5,619.99 $170,855.27
14 $10,089.01 $5,966.62 $164,888.65
15 $9,721.00 $6,334.63 $158,554.02
16 $9,330.29 $6,725.33 $151,828.69
17 $8,915.49 $7,140.14 $144,688.55
18 $8,475.10 $7,580.53 $137,108.02
19 $8,007.55 $8,048.08 $129,059.95
20 $7,511.16 $8,544.46 $120,515.48
21 $6,984.16 $9,071.47 $111,444.02
22 $6,424.65 $9,630.98 $101,813.04
23 $5,830.63 $10,224.99 $91,588.04
24 $5,199.98 $10,855.65 $80,732.40
25 $4,530.43 $11,525.20 $69,207.19
26 $3,819.58 $12,236.05 $56,971.14
27 $3,064.88 $12,990.74 $43,980.40
28 $2,263.64 $13,791.98 $30,188.41
29 $1,412.98 $14,642.64 $15,545.77
30 $509.86 $15,545.77 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in De Smet, SD


1500 sqft3900 sqft
Ø selling price$186,946$397,684
Ø fast selling$169,950$357,915
Ø high price sale$203,941$437,452

In 2026, houses in De Smet, SD will be offered at an average price of $103 per square foot. A 1,500 sqft home priced at $186,946 is 24.96% more expensive per square foot than a 3,900 sqft home priced at $397,684. Home prices in De Smet, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $275,319. Sellers who can wait longer may achieve a higher price of up to $336,501.


De Smet, South Dakota Travel Guide

History and Heritage

De Smet, SD is a charming prairie town in eastern South Dakota known as the ?Little Town on the Prairie.?
The town?s heritage is immortalized by Laura Ingalls Wilder, whose novels chronicle pioneer life in and around De Smet, South Dakota, and visitors can tour the Ingalls Homestead and the historic Surveyors? House to step into authentic Dakota history.

Attractions and Outdoors

Outdoor lovers enjoy nearby Lake Thompson for fishing, birding, and kayaking on the open prairie waters. Local parks and trails offer wide-sky sunsets, winter snowshoeing, and spring wildflowers, making De Smet a year-round destination. The walkable historic downtown features boutiques, cafes, and museums that celebrate railroad roots and pioneer resilience.

Events and Community

Signature events like the Laura Ingalls Wilder Pageant bring the books to life with family-friendly performances each summer. Community hospitality shines at farmers markets, school games, and holiday celebrations that welcome travelers.

Plan Your Visit

Plan your stay with cozy B&Bs, updated motels, and nearby campgrounds, plus dining that highlights Midwestern comfort foods. Conveniently located on U.S. Highway 14 near I?29, De Smet makes an easy stop on a South Dakota road trip, so book ahead during peak summer months.



FAQ – Home Values in De Smet

What is the median home value in De Smet in 2026?

In 2026, the typical home value in De Smet is about $223,162 for an average home size of 2181 square feet. This corresponds to an average price of roughly $103 per square foot.

What is the average cost per square foot in De Smet?

In 2026, homes in De Smet sell for an average of around $103 per square foot, with a typical range between $124 and $124 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in De Smet is about 2181 square feet, with an estimated 2026 value around $223,162.



Locations close to De Smet, SD

Eden, SD108 $ / ft²
Erwin, SD141 $ / ft²
Estelline, SD124 $ / ft²
Corona, SD136 $ / ft²
Clear Lake, SD67 $ / ft²
Clark, SD28 $ / ft²




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