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Lake County

CountyThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.South Dakota
$63K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$332K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2024 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Housing Stock

HomesHow many homes we have records for in this area.5,472
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$332K
Median sizeThe middle home size here, measured in square feet.1,268 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1966
Single familyThe share of homes here that are single-family houses.91%
CondosThe share of homes here that are condos.1.2%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.100%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.66%
Company ownedThe share of homes owned by a company or trust instead of a person.20%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.10.7 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.23

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.79%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.5%
PopulationHow many people live in this area.11,082
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.20 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$75K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$95K
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.25 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

How Lake County compares

By median home value, Lake County is the 9th most expensive of 46 counties in South Dakota, and its typical home is worth more than 53% of all homes in South Dakota.

Home values in Lake County

Share of homes at each estimated value.

Median
$150K$655K
counties in South Dakota ranked by median home value
#South DakotaMedian valueHomes
1Codington County$572K11,140
2Custer County$541K5,431
3Sanborn County$520K1,171
4Lawrence County$472K16,051
5Oglala Lakota County$434K159
6Lincoln County$401K21,063
7Meade County$385K10,361
8Pennington County$362K39,674
9Lake County$332K5,472
10Union County$320K4,906
11Stanley County$320K1,381
12Butte County$317K4,259
13Brookings County$317K11,413
14Minnehaha County$316K63,391
15Hanson County$306K1,012
16Turner County$293K3,862
17Kingsbury County$290K2,919
18Clay County$284K4,368
19Yankton County$283K8,715
20Edmunds County$273K1,999
21Fall River County$268K5,263
22McCook County$253K2,591
23Beadle County$248K7,629
24Hamlin County$234K2,340

46 counties in South Dakota are ranked; the most valuable are listed here.

Markets in Lake County, most valuable first

About the Lake County market

What is the median home price in Lake County, SD?

The median sale price in Lake County, SD is $63,000 (data through April 2024), based on deeds recorded with the county.

How many homes sell in Lake County, SD each year?

1 homes sold in Lake County, SD over the last 12 months (data through April 2024). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Lake County, SD?

Lake County, SD contains 5,472 residential properties, with a median of 1,268 square feet, 3 bedrooms, built around 1966. The median TopHap Estimate is $332K.

How does Lake County, SD compare to the rest of South Dakota?

By median home value, Lake County, SD is the 9th most expensive of 46 counties in South Dakota. Its typical home is worth more than 53% of all homes in South Dakota. Pennington County ranks just above it and Union County just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Lake County, SD?

66% of homes in Lake County, SD are owner-occupied. 20% are held by a company rather than an individual.

How much equity do owners in Lake County, SD hold?

100% of mortgaged homes in Lake County, SD are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse South Dakota property records.

Explore Lake County on the map

See every recorded sale, price heat map, school zone and flood overlay across Lake County in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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