Lead, SD · Market Data

Lead, South Dakota real estate market data.

Real estate market data for Lead, SD (Lawrence County) — Census median home value $192,800, county listing prices up about 4.3% over the past year.

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Lead, SD is in Lawrence County, South Dakota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 2,997, with a median household income of $57,348. Census data puts Lead's median home value at $192,800.

At a glance

Lead market snapshot

Population

2,997

Median Household Income

$57,348

Median Home Value (city)

$192,800

Median Gross Rent

$844/mo

Price Trend (YoY)

+4.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Lead

What makes Lead different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Lead's median home value — across all owner-occupied homes, not just recent sales — at $192,800.

County Price Trend

Lawrence County's FHFA house price index shows a 4.28% annual change in 2025.

Population & Income

Lead has an estimated population of 2,997 and a median household income of $57,348, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Lead's Census-reported median home value works out to about 3.4x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Lead FAQ

What are home values like in Lead, SD?

The Census Bureau's American Community Survey puts Lead's median home value at $192,800.

What is the population of Lead, SD?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Lead's population at approximately 2,997.

What's the median rent in Lead, SD?

The Census ACS estimates median gross rent in Lead at approximately $844 per month.

What is the median household income in Lead, SD?

Census ACS data puts the median household income in Lead at approximately $57,348.

Is the Lead housing market growing?

Lawrence County's FHFA house price index shows a 4.28% annual change in 2025.

Is Lead, SD affordable relative to income?

Census ACS data puts Lead's median home value at about 3.4 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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