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Codington County, SD Home Values and Rents

The typical home value in Codington County is $335,543, 12th highest of 66 counties in South Dakota. Median rent is $1,196 a month.

Typical home value
$335,543
12th of 66 in SD
Median rent
$1,196/mo
Zillow observed rent
Price change, 1 year
+3.1%
Sep 2026
Homeownership
69.8%
SD: 68.6%

Typical home value in Codington County

Zillow Home Value Index, all homes, middle tier

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PeriodCodington County
Sep 2026$335,543
Dec 2025$330,530
Dec 2024$333,003
Dec 2023$323,621
Dec 2022$322,698
Dec 2021$293,341
Dec 2020$253,306
Dec 2019$236,577
Dec 2018$226,030
Dec 2017$221,326
Dec 2016$216,152
Dec 2015$204,583

Over five years, Codington County prices changed +18.1%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by city in Codington County

Median home value (ACS 2020-2024), places with 500+ residents

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#City or townPopulationMedian valueMedian rent
1Watertown23,044$229,400$942

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
157201$242,700$941+3.2%+45.3%
257235$231,100$822--
357245$157,200---
457243$117,500$1,083--
557263$112,500$663--
657272$89,200$584--

Fair Market Rents, FY2027

HUD rent standard for Codington County, SD

SD rents
Unit sizeMonthly rentvs FY2026
Studio$871+16.6%
1 bedroom$943+14.3%
2 bedrooms$1,233+13.9%
3 bedrooms$1,504+14.0%
4 bedrooms$1,715+6.9%

Frequently asked questions

What is the typical home value in Codington County, SD?
The typical home value in Codington County is $335,543 (Zillow Home Value Index, Sep 2026). The South Dakota median is $257,400.
How much is rent in Codington County?
The median rent in Codington County is $1,196 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,233.
Are home prices going up in Codington County?
The typical home value in Codington County changed +3.1% over one year and +18.1% over five years, as of Sep 2026.
How does Codington County compare with the rest of South Dakota?
Codington County has the 12th highest median home value of 66 counties in South Dakota.
Which ZIP code in Codington County has the highest home values?
ZIP code 57201 has the highest median home value at $242,700, and 57272 has the lowest at $89,200.