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Advertise here →Summerset, SD · Market Data
Summerset, South Dakota real estate market data.
Real estate market data for Summerset, SD (Meade County) — Census median home value $337,900, county listing prices up about 9.6% over the past year.
Summerset, SD is in Meade 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 2,978, with a median household income of $115,197. Census data puts Summerset's median home value at $337,900.
At a glance
Summerset market snapshot
Population
2,978
Median Household Income
$115,197
Median Home Value (city)
$337,900
Median Gross Rent
$1,233/mo
Price Trend (YoY)
+9.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Summerset different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Summerset's median home value — across all owner-occupied homes, not just recent sales — at $337,900.
County Price Trend
Meade County's FHFA house price index shows a 9.61% annual change in 2025.
Population & Income
Summerset has an estimated population of 2,978 and a median household income of $115,197, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Summerset's Census-reported median home value works out to about 2.9x the area's median household income, and median gross rent runs roughly 13% 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
Summerset FAQ
What are home values like in Summerset, SD?
The Census Bureau's American Community Survey puts Summerset's median home value at $337,900.
What is the population of Summerset, SD?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Summerset's population at approximately 2,978.
What's the median rent in Summerset, SD?
The Census ACS estimates median gross rent in Summerset at approximately $1,233 per month.
What is the median household income in Summerset, SD?
Census ACS data puts the median household income in Summerset at approximately $115,197.
Is the Summerset housing market growing?
Meade County's FHFA house price index shows a 9.61% annual change in 2025.
Is Summerset, SD affordable relative to income?
Census ACS data puts Summerset's median home value at about 2.9 times the median household income, with median gross rent equal to roughly 13% 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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