The story of this market
The typical home in Potter County, South Dakota sells for about $179,002, or $105 per square foot.
Prices are up +14.2% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. The biggest natural hazard here is cold wave, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,305 a month.
HUD sets the fair market rent for a 2-bedroom at $1,305 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively High.
Monthly price momentum
Home values since 2015
+4.8%
SD · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,678
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Natural hazard exposure
The area's risk shape
97
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $5,374,603.
Mortgage activity
Home lending in this county
69%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 71 | 40 | 69% | 7.1% | $145,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Potter County, South Dakota
The Potter County housing market is characterized by low inventory and modest sales volume, typical of a rural agricultural county. Prices have seen a year-over-year increase, though the market remains highly sensitive to local economic conditions and limited housing stock. Demand is stable, driven primarily by local residents and agricultural industry participants.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 2 cities · 4 ZIP reports
Median prices moved up 254.3% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.8% — a stable, low-distress profile.
Deterministic aggregate of 2 researched ZIP reports of 4 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Potter County, South Dakota — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 27
researched Sep 27
researched Sep 27
researched Sep 27
| 57442 | Gettysburg | $185,000 | $112 | +2.4% | 98 | 96.5% | 12% | 7.2 | 14 | $1,031 | researched Sep 27 |
| 57450 | Hoven | $255,560 | $141 | +255.6% | 87 | 100% | — | — | 34 | $1,305 | researched Sep 27 |
| 57464 | — | $145,000 | $112 | +2.1% | 84 | 97.5% | 15% | 6.2 | 12 | $850 | researched Sep 27 |
| 57475 | Tolstoy | $145,000 | $112 | +2.4% | 84 | 97.5% | 15% | 6.2 | 12 | $850 | researched Sep 27 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county is characterized by rolling hills and agricultural land, with the Missouri River forming the western boundary.
The local economy is primarily driven by agriculture, with the county seat of Gettysburg serving as the administrative and service center.
Property taxes are assessed at the county level based on local mill levies; South Dakota does not impose a state-level personal income tax.
The area features proximity to the Missouri River, which provides opportunities for outdoor recreation including fishing and boating.
The rental market is limited in scale, primarily serving local agricultural and service-sector workers.
The economy is heavily reliant on the agricultural sector, with limited industrial diversification.
Transportation is primarily via state and county highway networks, with no major public transit infrastructure.
The Potter County Director of Equalization manages property assessments for tax purposes.
Parcels are subject to local school district and county-wide tax levies.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Forms the western boundary of the county and serves as a major recreational anchor.
Data retrieved from U.S. Census Bureau QuickFacts and Data Commons.
Property is assessed at full and true market value, then equalized to 85% of that value to determine the taxable value. The tax amount is calculated by multiplying the taxable value by the local mill levy rate, which is determined by the budgetary requirements of local government units (schools, counties, municipalities).
Governed by Title 10 of the South Dakota Codified Laws.
applies when — Applies to new structures and additions in specific subdivisions or developments where the board of county commissioners has adopted the formula.
Provides a tax break on the assessed value of new structures or additions for up to five or seven years, at the discretion of the county commissioners.
SDCL 10-6-144.
applies when — Applies to residential real property governed by a homeowners' association.
Sellers must provide the buyer with governing documents, a statement of assessments (amount, frequency, purpose), and a list of special one-time assessments from the previous three years prior to a written offer.
SDCL 43-4-44.1, effective for transfers after July 1, 2024.
Sellers of residential real property must provide a written property condition disclosure statement to potential buyers before a written offer is made, covering material facts about the property's condition.
SDCL 43-4-44.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.