The typical owner-occupied home in Stockholm is worth about $97,000, 62% below the South Dakota median of $257,400 and 71% below the national median of $332,700. Owners pay a median $900 a year in property taxes, about 0.93% of their home's value, lower than the South Dakota rate of 1.06%. 68% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Stockholm at a glance
| Stockholm | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $97,000 | $257,400 | $332,700 |
| Median property tax paid per year | $900 | $2,724 | $3,119 |
| Property tax as a share of value | 0.93% | 1.06% | 0.94% |
| Median household income | – | $75,081 | $80,734 |
| Homes lived in by their owners | 68% | 69% | 65% |
| Owner homes with a mortgage | 43% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $975 | $1,680 | $1,963 |
| Those costs as a share of the owners' income | 10.0% | 20.4% | 21.0% |
| Median rent | – | $946 | $1,413 |
| Median year homes were built | 1971 | 1980 | 1980 |
| Vacant homes | 24.4% | 10.5% | 10.1% |
| Population | 74 | 907,428 | 334,922,499 |
What a typical home costs per month in Stockholm
At this week's average 30-year rate of 7.11%, buying the median Stockholm home of $97,000 with 20% down costs about $638 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $799, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $27,326 for the 20%-down payment.
| Down payment | $19,400 |
|---|---|
| Loan amount | $77,600 |
| Principal and interest | $522 |
| Property taxes (0.93% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $638 |
Change the numbers in the calculator
| Down payment | $3,395 |
|---|---|
| Loan amount | $95,243 |
| Principal and interest | $641 |
| Property taxes (0.93% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $43 |
| Total per month | $799 |
Change the numbers in the calculator
Questions about home buying in Stockholm
What is the median home value in Stockholm?
About $97,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Stockholm?
Homeowners pay a median $900 a year, which is about 0.93% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Stockholm?
For the median home with 20% down at 7.11%, the payment is about $638 a month. Keeping that under 28% of gross income takes about $27,326 a year.
More about Stockholm
- Mortgage Refinance in Stockholm
- Debt Relief in Stockholm
- Home Equity Loans in Stockholm
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data