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Buying a home in Bryant, South Dakota

The typical owner-occupied home in Bryant is worth about $143,400, 44% below the South Dakota median of $257,400 and 57% below the national median of $332,700. Owners pay a median $2,276 a year in property taxes, about 1.59% of their home's value, higher than the South Dakota rate of 1.06%. The median household earns $62,000 a year, so the median home costs 2.3 times the median income (3.4 times for South Dakota). 73% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.

Bryant at a glance

Bryant South Dakota U.S.
Median home value $143,400 $257,400 $332,700
Median property tax paid per year $2,276 $2,724 $3,119
Property tax as a share of value 1.59% 1.06% 0.94%
Median household income $62,000 $75,081 $80,734
Homes lived in by their owners 73% 69% 65%
Owner homes with a mortgage 64% 54% 61%
Median monthly costs, owners with a mortgage $1,464 $1,680 $1,963
Those costs as a share of the owners' income 23.6% 20.4% 21.0%
Median rent $864 $946 $1,413
Rent as a share of renters' income 19.7% 25.9% 30.6%
Median year homes were built 1955 1980 1980
Vacant homes 9.0% 10.5% 10.1%
Population 727 907,428 334,922,499

What a typical home costs per month in Bryant

At this week's average 30-year rate of 7.11%, buying the median Bryant home of $143,400 with 20% down costs about $1,021 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,260, 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 $43,778 for the 20%-down payment. That payment is 20% of the median Bryant household income of $62,000; at that income and 20% down, the 28% guideline points to a home of about $203,000.

The median rent here is $864 a month, so owning the median home costs about $157 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$28,680
Loan amount$114,720
Principal and interest$772
Property taxes (1.59% a year)$190
Homeowners insurance (our estimate, 0.5% a year)$60
PMI$0
Total per month$1,021

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3.5% down, 30-year FHA loan
Down payment$5,019
Loan amount$140,803
Principal and interest$947
Property taxes (1.59% a year)$190
Homeowners insurance (our estimate, 0.5% a year)$60
FHA mortgage insurance$63
Total per month$1,260

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Questions about home buying in Bryant

What is the median home value in Bryant?

About $143,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Bryant?

Homeowners pay a median $2,276 a year, which is about 1.59% 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 Bryant?

For the median home with 20% down at 7.11%, the payment is about $1,021 a month. Keeping that under 28% of gross income takes about $43,778 a year.

More about Bryant

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