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Mellette, SD Home Values and Rents

The median home value in Mellette is $201,000.

Median home value
$201,000
ACS 2020-2024
Price change, 1 year
-4.4%
County index, 2025
Homeownership
85.5%
SD: 68.6%

Spink County home price trend

FHFA annual House Price Index for Spink County, 2002 = 100, compared with South Dakota

Spink CountySouth Dakota
Show as a table
PeriodSpink County
2025246
2024257
2023-
2022239
2021215
2020197
2019203
2018197
2017186
2016184
2015161
2014154
2013170
2012141
2011149
Beta

Over five years, Spink County prices changed +24.9%, compared with +35.3% for South Dakota.

Source: Federal Housing Finance Agency · Last updated 08/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Spink County, SD

SD rents
Unit sizeMonthly rentvs FY2026
Studio$706+10.1%
1 bedroom$835+7.5%
2 bedrooms$1,014+9.1%
3 bedrooms$1,208+8.4%
4 bedrooms$1,695+10.3%

Frequently asked questions

What is the median home value in Mellette, SD?
The median home value in Mellette is $201,000, based on the American Community Survey 2020-2024 5-year estimates. The South Dakota median is $257,400.
Are home prices going up in Mellette?
Home prices in Spink County changed -4.4% over one year and +24.9% over five years, as of 2025.