The typical owner-occupied home in Fedora is worth about $22,300, 91% below the South Dakota median of $257,400 and 93% below the national median of $332,700. Owners pay a median $256 a year in property taxes, about 1.15% of their home's value, higher than the South Dakota rate of 1.06%. The median household earns $75,526 a year, so the median home costs 0.3 times the median income (3.4 times for South Dakota). 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Fedora at a glance
| Fedora | South Dakota | U.S. | |
|---|---|---|---|
| Median home value | $22,300 | $257,400 | $332,700 |
| Median property tax paid per year | $256 | $2,724 | $3,119 |
| Property tax as a share of value | 1.15% | 1.06% | 0.94% |
| Median household income | $75,526 | $75,081 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 0% | 54% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,680 | $1,963 |
| Median rent | – | $946 | $1,413 |
| Median year homes were built | 1938 | 1980 | 1980 |
| Vacant homes | 0.0% | 10.5% | 10.1% |
| Population | 65 | 907,428 | 334,922,499 |
What a typical home costs per month in Fedora
At this week's average 30-year rate of 7.11%, buying the median Fedora home of $22,300 with 20% down costs about $151 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $188, 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 $6,457 for the 20%-down payment. That payment is 2% of the median Fedora household income of $75,526; at that income and 20% down, the 28% guideline points to a home of about $261,000.
| Down payment | $4,460 |
|---|---|
| Loan amount | $17,840 |
| Principal and interest | $120 |
| Property taxes (1.15% a year) | $21 |
| Homeowners insurance (our estimate, 0.5% a year) | $9 |
| PMI | $0 |
| Total per month | $151 |
Change the numbers in the calculator
| Down payment | $780 |
|---|---|
| Loan amount | $21,896 |
| Principal and interest | $147 |
| Property taxes (1.15% a year) | $21 |
| Homeowners insurance (our estimate, 0.5% a year) | $9 |
| FHA mortgage insurance | $10 |
| Total per month | $188 |
Change the numbers in the calculator
Questions about home buying in Fedora
What is the median home value in Fedora?
About $22,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fedora?
Homeowners pay a median $256 a year, which is about 1.15% 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 Fedora?
For the median home with 20% down at 7.11%, the payment is about $151 a month. Keeping that under 28% of gross income takes about $6,457 a year.
More about Fedora
- Mortgage Refinance in Fedora
- Debt Relief in Fedora
- Home Equity Loans in Fedora
- 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